Monaco Coach Corporation
Coachbuilder
Monaco is a recreational vehicle (R.V.) brand, manufactured in Decatur, Indiana, by Allied Recreation Group. Monaco holds an iconic portfolio of popular Class A Diesel motorhomes, including Diplomat and Dynasty. Monaco is led by Monaco President, Mike Snell, and Allied Recreation Group President, Jim Jacobs. Allied Recreation Group is a subsidiary of Allied Specialty Vehicles.
Allied Recreation Group was established in 2013 following the acquisition of Monaco and Holiday Rambler. Allied Recreation Group is one of the leading manufacturers of Class A Gas, Class A Diesel, and Class C Gas products for Fleetwood RV, American Coach, Holiday Rambler, Monaco, and Trek. Allied Recreation Group maintains significant manufacturing operations, including a state-of-the-art ARG Factory Service Center in Decatur, Indiana, and Coburg, Oregon; and a national OEM Retail Parts Store.
Subject ID: 15243
MoreMonaco is a recreational vehicle (R.V.) brand, manufactured in Decatur, Indiana, by Allied Recreation Group. Monaco holds an iconic portfolio of popular Class A Diesel motorhomes, including Diplomat and Dynasty. Monaco is led by Monaco President, Mike Snell, and Allied Recreation Group President, Jim Jacobs. Allied Recreation Group is a subsidiary of Allied Specialty Vehicles.
Allied Recreation Group was established in 2013 following the acquisition of Monaco and Holiday Rambler. Allied Recreation Group is one of the leading manufacturers of Class A Gas, Class A Diesel, and Class C Gas products for Fleetwood RV, American Coach, Holiday Rambler, Monaco, and Trek. Allied Recreation Group maintains significant manufacturing operations, including a state-of-the-art ARG Factory Service Center in Decatur, Indiana, and Coburg, Oregon; and a national OEM Retail Parts Store.
On March 4, 1996, the Monaco Coach Corporation of Oregon acquired from Harley-Davidson, Inc. certain assets of Holiday Rambler (the "Holiday Acquisition") in exchange for $21.5 million in cash, 65,217 shares of Redeemable Preferred Stock (which was subsequently converted into 230,767 shares of Common Stock), and the assumption of most of the liabilities of Holiday Rambler. Concurrently, the company acquired ten Holiday World Dealerships for $13.0 million, including a $12.0 million subordinated.
On June 23, 2009, Judge Kevin Carey agreed to the Monaco Coach Corporation's request to convert its Chapter 11 bankruptcy filing to a Chapter 7 case so it could liquidate its remaining assets. The order converting the case to Chapter 7 was effective June 30. Monaco Coach Corporation sold its factories, inventory, brands, and intellectual property to Navistar International Corp. earlier in June for $47 million. Once the remaining assets are liquidated under Chapter 7, "the entity ceases to exist," and effectively spells the end of Monaco Coach Corporation.
In 2013 as part of Navistar International Corp. restructuring, Monaco RV LLC was sold to Allied Specialty Vehicles.
Subject ID: 15243
Subject ID: 15243
