Research Triangle Park, NC – The Heavy Duty Manufacturers Association, the Commercial Vehicle Division of the Motor and Equipment Manufacturers Association (MEMA), has announced that Timothy W. Sullivan, President & CEO, REV Group, Inc. will present at the 5th annual Global Off-Highway Industry Dialogue conference, on October 5, 2016 at the Donald E. Stephens Convention Center in Rosemont, IL. The Global Off-Highway Industry Dialogue conference is presented by HDMA, SAE International, Diesel Progress, and Power Systems Research.
His segment, “New Market Drivers for Today’s M&A”, will draw upon his experience in the M&A world to discuss the current round of M&A and what his company sees as potential opportunities in the near-term. This segment will be moderated by Mike Osenga, President, Diesel & Gas Turbine Publications.
In his presentation, Mr. Sullivan will touch on how recessions drive M&A activity; what challenges are faced by PE companies in market downturns vs. upturns; the future dynamic of off-shore manufacturing that have been held at bay by a weak U.S. dollar; how the financial structure of a merger deal can affect the R&D and product development resources; and consideration to product portfolio mix and rationalization to avoid overlaps or loss of customers and profits.
“Mr. Sullivan is living first-hand how to maintain innovation through mergers and acquisition periods,” says Tim Kraus, HDMA President and COO. “We have been on a long and slow path to recovery since 2009, and the current post-recession period is getting tiring for some entrepreneurs. The “New Market Drivers for Today’s M&A” segment will be a fast-paced, fact-filled hour that suppliers and investors alike will have considerable take-away.”
Mr. Sullivan has served as President & CEO of the REV Group since August 2014, a privately held $2 billion manufacturer of 20,000 specialty vehicles annually. Previously, Mr. Sullivan spent the bulk of his career with Bucyrus International, Inc. beforebecoming the President & CEO of Gardner Denver from July 2013 to June 2014. During his tenure with Gardner Denver, Mr. Sullivan achieved the highest level of earnings in 30 years.
Registration for this event is now open and available on HDMA’s website, www.hdma.org.
Based in Research Triangle Park, NC, HDMA is the Commercial Vehicle Division of the Motor and Equipment Manufacturers Association (MEMA), a major industry association with a mission of advancing the motor vehicle supplier industry and the business interests of our members. HDMA and MEMA have a vision of strengthening the motor vehicle suppliers as a growing, profitable and influential industry.
A member driven organization, HDMA provides industry leadership for NAFTA based original equipment and aftermarket suppliers in the on and off-highway commercial vehicle equipment industry. This is accomplished through a range of services to its 190 member companies, which represent direct employment of over 200,000 in their US facilities and 1 million+ total US jobs.
ABOUT REV GROUP INC.
REV serves the fire and emergency industries, transit, school bus and utility bus industries as well as terminal trucks, sweepers and recreational vehicles. REV is also a supplier of vehicles for the mobility industry. REV enjoys a leading position in the markets that it serves with sales of its 23 iconic American brands.