Email this page Email Print this page Print Feed Feed

Navistar Sells Recreational Vehicle Business

Posted on May 16, 2013
Calling itanother important step in company's turnaround plan,” Navistar, Inc., said that Allied Specialty Vehicles (ASV), a $1 billion sales producer of specialty vehicles to the fire and emergency, commercial and industrial and recreational vehicles markets worldwide, has purchased certain assets of Navistar RV, a manufacturer of motorized and towable recreational vehicles, which includes the Monaco, Holiday Rambler and R-Vision brands.

The purchase 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.