Vantage Mobility acquires auto plant
Vantage Mobility International (VMI), a leading manufacturer of wheelchair accessible vehicles, has signed a definitive agreement to acquire Revability, a division of specialty vehicle manufacturer REV Group, Inc. (NYSE: REVG). Revability designs and manufactures wheelchair accessible vehicles for commercial and personal use, giving VMI a more diversified product line to offer to the mobility industry.
VMI will continue to operate Revability’s manufacturing plant located in Clarkston, Michigan under the Revability name and will transition the remaining mobility manufacturing to VMI’s plant in Phoenix, AZ. This move aligns with the company’s commitment to support the growth of its retail dealers. By expanding its product portfolio, VMI will enable dealers to offer more choices to consumers with accessible transportation needs. This move also supports VMI’s growth in the commercial market space.
“We are proud to add the talented associates and Revability brand and products to our portfolio of customer offerings,” said Mark Shaughnessy, CEO of VMI. “This is an important move as our organization continues to take steps to satisfy the needs of our retail and commercial customers.”
The acquisition of Revability is the latest action in VMI’s plan to expand its product line to serve a wider range of customers seeking vehicles for personal and commercial use. In October 2017, VMI purchased AMS Vans, Inc., an Atlanta company providing economy priced wheelchair accessible van conversions for consumers.
“We are excited for the opportunity to bring VMI, Revability and AMS Vans under one inclusive tent so we can provide more options through sales channels in which customers want to buy,” said Charlie Treadwell, Vice President of Marketing. “We chose to join forces with Revability and AMS Vans because they reflect VMI’s commitment to empower people with disabilities by giving them more options to improve their independent lifestyles.”
“Revability is a great fit with VMI. With our complementary products and distribution channels, we will combine to provide customers with more product choices, better service and responsive teams from coast to coast,” said Chuck Fortinberry, Revability Vice-President & General Manager.
VMI’s expanded product line now offers more retail and commercial vehicle options in side and rear-entry conversions on Chrysler Pacifica, Toyota Sienna, Dodge Grand Caravan and Honda Pilot chassis, as well as platform lifts and ramps on Ram Promaster and Ford Transit full-size vans. With the addition of Revability, customers now have even greater choices in ADA compliant vehicles, flexible seating for multiple wheelchairs, power or manual ramps, and in-floor or fold-out ramp systems.