REV Group on Wednesday acquired Elkhart, Ind.-based Midwest Automotive Designs.
Midwest is a custom van upfitter that develops luxury vans for end segments, including Class B motorhomes, shuttle vans, limousines, and customized executive transportation vehicles.
A sales price has not been disclosed.
Since its inception in 2003, Midwest has grown to more than 130 employees with combined manufacturing and office space of over 100,000 square feet and annual revenue of approximately $45 million.
“One of our key strengths is our ability to rapidly design, engineer, and commercialize new products,” said Tim Gray, president of Midwest Automotive Designs. “Our combination with REV makes all of the sense in the world. We are excited to tap into REV’s technical resources and nationwide dealership footprint.”
Midwest becomes part of REV Recreation Group, which is comprised of American RV brands: American Coach, Monaco Coach, Holiday Rambler, Fleetwood RV, and Renegade. Midwest will also be working with REV’s Krystal and Federal brands.
For REV Group, this acquisition provides an opportunity for growth in the Class B motorized RV segment as well as multiple products for the limousine, charter, and tour markets.
“We are pleased to welcome Tim and his outstanding team at Midwest into the REV RV family,” said Jim Jacobs, president of REV Recreation Group. “Product quality and craftsmanship are words consistently applied to describe the Midwest product, and integrity is a word used to describe the team Tim Gray has built over the past 14 years. The attention to detail in the production of their vehicles is second to none. I truly believe that with REV, Midwest Automotive Designs now has all of the resources and backing in place to become a leading brand in our RV segment.”
John Walsh, president of REV’s bus division added that, “The addition of top quality custom shuttle buses, limousines and executive transportation vehicles is complementary to our existing commercial vehicle line of products. All of these products add to an already solid line of luxury vehicles under our Krystal and Federal brands. Our luxury transportation dealers will be very excited about these additions to our luxury product line.”
Midwest will continue to operate from its existing facilities in Elkhart, Ind., and be managed by the same leadership team.
REV Group also believes this will enhance REV Recreation and Bus Groups’ competitive positioning in the marketplace, and provide a wider product selection with the same build quality, performance, and reliability.
To learn more about Midwest Automotive Designs’ product offerings, please visit the company website at www.midwestautomotivedesigns.com/.