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REV Group International, Inc. Announces Completed Sale of REV Brazil


REV Group, Inc. (NYSE: REVG), a U.S. based manufacturer of industry-leading specialty vehicles, announced today that its subsidiary REV Group International, Inc. has completed the previously announced sale of REV Brazil to Aetreum Holdings effective August 2, 2021. Financial terms were not disclosed. Following completion of the transaction, REV Group, Inc. and REV International, Inc. no longer hold manufacturing or other operations in Brazil.

About REV Group

REV Group (REVG) companies are leading designers and manufacturers of specialty vehicles and related aftermarket parts and services. We serve a diversified customer base, primarily in the United States, through three segments: Fire & Emergency, Commercial, and Recreation. We provide customized vehicle solutions for applications, including essential needs for public services (ambulances, fire apparatus, school buses, and transit buses), commercial infrastructure (terminal trucks and industrial sweepers) and consumer leisure (recreational vehicles). Our diverse portfolio is made up of well-established principal vehicle brands, including many of the most recognizable names within their industry. Several of our brands pioneered their specialty vehicle product categories and date back more than 50 years. REV Group trades on the NYSE under the symbol REVG.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210803005192/en/

REV Group Inc Stock

€20.40
-1.940%
A loss of -1.940% shows a downward development for REV Group Inc.
Our community is currently high on REV Group Inc with 3 Buy predictions and 1 Sell predictions.
On the other hand, the target price of 18 € is below the current price of 20.4 € for REV Group Inc, so the potential is actually -11.76%.
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