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Fleetwood Parent Acquires Navistar RV Assets

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May 16, 2013 by   2 Comments

Navistar Inc. confirmed today that Allied Specialty Vehicles (ASV), a $1 billion sales producer of specialty vehicles and parent to motorhome builder Fleetwood RV Inc., has purchased certain assets of Navistar RV.

According to a news release, the deal was structured as a purchase of all of the equity interests of Navistar RV and includes the manufacturing operations for Navistar’s R-Vision and Holiday Rambler towable units in Harrisburg, Ore., and Navistar’s Monaco and Holiday Rambler brand motorized RVs in Wakarusa, Ind. ASV has also entered into a multi-year leasing agreement for Navistar RV’s Elkhart, Ind., facility. The sale does not include Bison Coach, Navistar’s horse trailer manufacturing business.

“ASV is honored to welcome all of the existing Monaco, Holiday Rambler, R-Vision, Beaver and Safari customers and an exceptional network of dealer partners to the ASV family,” said Peter Guile, CEO of Orlando, Fla.-based ASV. “The ASV team is committed to providing our customers and dealers with exceptional product, service and support, and we are fully committed to re-establish the product leadership and extraordinary reputation for innovation, quality and service for which the Monaco family of brands has been known.”

ASV also announced that Mike Snell has been named as president of Monaco and Holiday Rambler. Snell has logged over 20 years with Monaco, serving as a longtime executive for Monaco Coach Corp. and most recently as vice president of sales for Monaco RV under the Navistar umbrella.

“ASV is pleased to welcome Mike Snell as president of Monaco and Holiday Rambler,” said Guile. “Mike has made an invaluable contribution to the Monaco brands and the industry over his 20-year career with Monaco RV, and we look forward to his leadership during this new, exciting phase of growth.”

“We join the ASV family fully energized with worthy goals and high hopes as we jointly work to rebuild our iconic and proud RV industry brands,” commented Mike Snell. “With the commitment and support of ASV we’ll focus on developing innovative, distinct and aspirational products in keeping with the long and rich tradition of our brands. I look forward to working with our team, our dealers and our customers to make this vision a reality.”

 

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Comments

2 Responses to “Fleetwood Parent Acquires Navistar RV Assets”

  1. JD on May 16th, 2013 4:20 pm

    I think the sale sounds good for Monaco and Holiday Rambler, Navistar was not dedicated to the RV Industry. I think a smaller company like ASV will do well with the brands. My only concern is that nobody has mentioned the RoadMaster Chassis brand with this purchase and that chassis is one of the best riding chassis in the RV Industry. Does anybody know if the purchase includes the RoadMaster chassis?

  2. Willie St.Pierre on May 16th, 2013 6:22 pm

    I hope this is settled for awhile I own an 06 HR Endeavor, and I am proud of my coach. But the unsettled nature of Navistar and who owns the company. Makes it hard for owners to know where we stand. It also makes one hesitant to look at any of lines of coaches when looking to change units. I guess there will be more information coming to say what changes in the coaches will be made, (i.e. engines, design, location where they will be built)

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