M&A Deal Summary

REV Acquires Thor - Bus Business

On July 31, 2013, REV acquired automotive company Thor - Bus Business from THOR Industries for 100M USD

Acquisition Highlights
  • This is REV’s 3rd transaction in the Automotive sector.
  • This is REV’s largest (disclosed) transaction.
  • This is REV’s 3rd transaction in the United States.

M&A Deal Summary

Date 2013-07-31
Target Thor - Bus Business
Sector Automotive
Buyer(s) REV
Sellers(s) THOR Industries
Deal Type Divestiture
Deal Value 100M USD

Target

Thor - Bus Business

United States
Thor’s bus business includes Champion Bus, Inc., General Coach America, Inc., Goshen Coach, Inc., El Dorado National California, Inc., and El Dorado National Kansas, Inc., which combined represent one of the largest producers of transit and shuttle buses

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Buyer(S) 1

Buyer

REV

Brookfield, Wisconsin, United States

Category Company
Founded 2008
Sector Automotive
Employees5,500
Revenue 2.4B USD (2024)
DESCRIPTION

REV is a diversified manufacturer of specialty vehicles to North America, as well as export markets. REV operates in three industry segments, Commercial, Fire & Emergency, and Recreation Vehicles, and owns 27 vehicle brands. Within the Fire & Emergency segment, REV offers an extensive line of fire apparatus under the E-ONE and KME brand names. REV was founded in 2008 and is based in Brookfield, Wisconsin.


DEAL STATS #
Overall 3 of 10
Sector: Automotive M&A 3 of 10
Type: Divestiture M&A Deals 3 of 4
Country: United States M&A 3 of 10
Year: 2013 M&A 2 of 2
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-16 Monaco RV

Wakarusa, Indiana, United States

Monaco RV comprises of manufacturing operations for R-Vision and Holiday Rambler towable units in Harrisburg, Ore., and Monaco and Holiday Rambler brand motorized RVs in Wakarusa, Ind.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-01 Kibbi

Bristol, Indiana, United States

Kibbi LLC is a manufacturer of specialty trailers and recreational vehicles. The Company manufactures all of its vehicles on commercial chassis, utilizing proprietary manufacturing techniques, which allows consumers with large cargo capacity needs to tow heavy loads safely. Kibbi sells its products through a network of specialty vehicle and trailer dealers. Kibbi was established in 1997 and is based in Bristol, Indiana.

Buy -

Seller(S) 1

SELLER

THOR Industries

Elkhart, Indiana, United States

Category Company
Founded 1980
Sector Automotive
Employees22,300
Revenue 10.0B USD (2024)
DESCRIPTION
Thor Industries' corporate headquarters in Elkhart, Indiana.
Thor Industries' corporate headquarters in Elkhart, Indiana.

THOR Industries manufactures a wide range of recreational vehicles (RVs) in the United States and sells those vehicles primarily in the United States and Canada. THOR Industries was founded in 1980 and is based in Elkhart, Indiana.


DEAL STATS #
Overall 2 of 3
Sector: Automotive M&A 2 of 3
Type: Divestiture M&A Deals 2 of 2
Country: United States M&A 2 of 3
Year: 2013 M&A 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-06 SJC Industries

Elkhart, Indiana, United States

SJC Industries Corp., manufacturers a full line of ambulances distributed under the McCoy-Miller and Marque brands.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-27 Livin Lite Recreational Vehicles

Wakarusa, Indiana, United States

Livin' Lite Recreational Vehicles LLC is a manufacturer of quicksilver all-aluminum constructed ultra-lite weight tent campers, truck campers, and sport utility trailers.

Buy -