REV Group Sells Non-Motorized Lance Camper Business to Vision Kore as Part of Strategic Focus on Motorized RV Business
REV Group, Inc. (NYSE: REVG) announces the sale of Lance Camper Mfg. Corp., its non-motorized travel trailer and truck camper manufacturing business, to Vision Kore Inc.
The sale of California-based Lance Camper marks REV Group’s exit from the non-motorized recreational vehicle segment and reflects a strategic focus on its motorized RV brands, which include Fleetwood RV, Holiday Rambler, American Coach, Midwest Automotive Designs and Renegade RV. By focusing on its motorized Class A, B, and C motorhomes, REV will optimize its facility proximity for resource allocation and strengthen its competitive position while continuing to consistently deliver exceptional products and services.
“We are excited for the continued growth and success of Lance Camper under Vision Kore’s ownership. I want to acknowledge and thank the Lance team for their unwavering dedication, professionalism, and hard work,” said Gary Gunter, president, REV Recreational Vehicles Segment.
“Lance Camper is an iconic brand of campers and trailers, and we are thrilled that it’s joining the Vision Kore family,” said Bill Rex, co-founder, of Vision Kore. “We look forward to welcoming and working with the talented Lance Camper team led by Gary Conley who’s been with Lance over 40 years, building on the foundation laid by REV Group and continuing to serve the brand’s loyal customer base.”
About Lance Camper
Founded in 1965 with headquarters in Lancaster, CA, Lance Camper Mfg. Corp. is a premier manufacturer of high-quality, ultra-lightweight composite-built truck campers and travel trailers in North America.
About REV Group, Inc.
REV Group companies are leading designers and manufacturers of specialty vehicles and related aftermarket parts and services, which serve a diversified customer base, primarily in the United States, through two segments: Specialty Vehicles and Recreational Vehicles. The Specialty Vehicles Segment provides customized vehicle solutions for applications, including essential needs for public services (ambulances and fire apparatus) and commercial infrastructure (terminal trucks and industrial sweepers). REV Group’s Recreational Vehicles Segment manufactures a variety of RVs from Class B vans to Class A motorhomes. REV Group’s portfolio is made up of well-established principal vehicle brands, including many of the most recognizable names within their industry. Several of REV Group’s brands pioneered their specialty vehicle product categories and date back more than 50 years. REV Group trades on the NYSE under the symbol REVG. Investors-REVG
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