Unaudited Pro Forma Condensed Consolidated Financial StatementsStock Purchase Agreement • January 31st, 2024 • REV Group, Inc. • Motor vehicles & passenger car bodies
On January 26, 2024, REV Group, Inc. (the “Company”) entered into a Stock Purchase Agreement by and among the Company, Collins Industries, Inc. an indirect wholly-owned subsidiary of the Company (“Collins Industries”), Collins Bus Corporation, a wholly-owned subsidiary of Collins Industries (“Collins”), Forest River, Inc. and Forest River Bus, LLC (the “Buyer”), pursuant to which Collins Industries agreed to sell all of the issued and outstanding shares of capital stock of Collins to the Buyer for approximately $303 million in cash, subject to customary adjustments for net working capital, cash and indebtedness, as per the terms of the Stock Purchase Agreement. Collins manufactures, markets and distributes school buses, normally referred to as Type A school buses. The transactions under this agreement closed on January 26, 2024.
STOCK PURCHASE AGREEMENT AMONG REV GROUP, INC. COLLINS INDUSTRIES, INC. COLLINS BUS CORPORATION FOREST RIVER, INC. AND FOREST RIVER BUS, LLC Dated as of January 26, 2024Stock Purchase Agreement • January 31st, 2024 • REV Group, Inc. • Motor vehicles & passenger car bodies • Delaware
This STOCK PURCHASE AGREEMENT (as amended, modified or supplemented from time to time pursuant to the terms hereof, this “Agreement”), dated as of January 26, 2024, is entered into among:
