REV Group Purchases Ferrara

[ldfnla78 3]

Lots of rumblings of REV Group acquiring Ferrara, not sure if anyone else is hearing the same thing!? 

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If this is true, it is scary.  Daimler-Chrysler (Freightliner) did a similar thing with buying out brands across the specialty vehicle platform, and it tanked for them big time, taking away many nameplates. 

 

One company owning three major brands of fire apparatus, seven different ambulance brands, and numerous RV, bus and other vehicle brands, with 28 brands total.  They must have a ton of capital to play with.  They seem to be financially equipped for it, at least It appears so, on their website.

 

It would also mean they would be a major supplier to FDNY, with KME having the engine contract, and Ferrara having the rearmount ladder contract.

 

One wonders if they will keep all the fire apparatus brands separate for the long term?

 

[ldfnla78 3]

 

It's official

 

http://www.fdic.com/articles/2017/04/rev-group-ferrara-fire-appartus.html

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Ferrara got their aerials from Smeal, which was recently acquired by Spartan ERV.

 

Now that they are part of the REV Group, I wonder if KME or E-One will produce the aerials for them.

 

Also, through KME and Ferrara, the REV Group now has the contract for FDNY Engines and Rearmount Trucks.  It's also interesting to note, KME and Ferrara have been the #1 and #2 bidder on several FDNY apparatus contracts over the past couple of years.

 

 

[ldfnla78 3]

I think this acquisition was mainly for the city and industrial business. Can't see Smeal (Spartan) selling Ferrara (REV) an aerial device would not make much sense.