Rev Group Moving on From Non-Motorized Business -- Market Talk

Dow Jones
06-05

1215 ET - Rev Group heads for the exits for some of its product lines. The maker of specialty vehicles and related aftermarket parts says it will exit the non-motorized travel trailer and truck camper product categories through a sale of the Lance Camper business, and discussions with prospective buyers have begun. "As our only non-motorized business over time, it has become a less significant part of our overall strategic focus with scale that no longer aligns with the broader direction of our portfolio," CEO Mark Skonieczny says on an earnings call. He notes challenged from the geographic distance between this business located in Southern California and the core RV business in Indiana. (denny.jacob@wsj.com; @pennedbyden)

 

(END) Dow Jones Newswires

June 04, 2025 12:15 ET (16:15 GMT)

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