LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--
Camping World Holdings, Inc. (NYSE: CWH) (“Camping World” or the
“Company”), the nation’s largest network of RV-centric retail locations,
today announced that it has signed an agreement to acquire Russ Dean RV
located in Pasco, Washington.
“Over the past 40 years, Russ Dean RV has established itself as a
successful and well-known RV dealership in the state of Washington,”
said Marcus Lemonis, Chairman and CEO of Camping World Holdings. “We are
pleased to announce this acquisition and look forward to the continued
expansion of our market share throughout the Pacific Northwest.”
Camping World recently announced the planned expansion of its RV sales
locations by more than 30% through the launch of Gander RV Sales, new
store openings and continued acquisitions. The acquisition of Russ Dean
RV is in line with the Company’s future growth plans.
Camping World currently operates three Washington locations in
Burlington, Spokane and Fife, with services ranging from RV sales,
service and retail accessories. With the acquisition of Russ Dean RV,
the company will increase its Washington presence to four stores.
“Our goal with this acquisition is to continue adding quality
manufacturers and brands, increase our presence in the market and expand
the distribution of our Good Sam portfolio of products and services,”
said Brent Moody, Chief Operating Officer of Camping World. “We continue
to successfully execute our expansion strategy and we believe adding
Russ Dean RV to our dealership network will strengthen our position in
the Pacific Northwest region.”
Camping World is always looking for seasoned and professional RV sales
associates, technicians, and retail support to assist with locations
across the country. Individuals interested in applying for a position
with Camping World may visit http://www.campingworldcareers.com/
About Camping World Holdings, Inc.
Camping World Holdings, headquartered in Lincolnshire, Illinois, is the
leading outdoor and camping retailer, offering an extensive assortment
of recreational vehicles for sale, RV and camping gear, RV maintenance
and repair, other outdoor and active sports products, and the industry’s
broadest and deepest range of services, protection plans, products and
resources. Since the Company's founding in 1966, Camping World has grown
to become one of the most well-known destinations for everything RV,
with more than 145 RV centric locations in 36 states and a comprehensive
e-commerce platform. For more information, visit www.CampingWorld.com.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995
concerning Camping World and other matters. All statements other than
statements of historical facts contained in this press release may be
forward-looking statements. Statements regarding our future results of
operations and financial position, business strategy and plans and
objectives of management for future operations are forward-looking
statements. In some cases, you can identify forward-looking statements
by terms such as ‘‘may,’’ ‘‘will,’’ ‘‘should,’’ ‘‘expects,’’ ‘‘plans,’’
‘‘anticipates,’’ ‘‘could,’’ ‘‘intends,’’ ‘‘targets,’’ ‘‘projects,’’
‘‘contemplates,’’ ‘‘believes,’’ ‘‘estimates,’’ ‘‘predicts,’’
‘‘potential’’ or ‘‘continue’’ or the negative of these terms or other
similar expressions. The forward-looking statements in this press
release are only predictions. We have based these forward-looking
statements largely on our current expectations and projections about
future events and financial trends that we believe may affect our
business, financial condition and results of operations. Forward-looking
statements involve known and unknown risks, uncertainties and other
important factors that may cause our actual results, performance or
achievements to be materially different from any future results,
performance or achievements expressed or implied by the forward-looking
statements. You should carefully consider the risks and uncertainties
that affect our business, including those described in our filings with
the Securities and Exchange Commission. These forward-looking statements
speak only as of the date of this communication. Except as required by
applicable law, we do not plan to publicly update or revise any
forward-looking statements, whether as a result of any new information,
future events or otherwise. You are advised, however, to consult any
further disclosures we make on related subjects in our public
announcements and filings with the Securities and Exchange Commission.
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For Camping World Holdings, Inc.
Media Outlets:
Karen Porter
PR-CWGS@campingworld.com
or
Investors:
John
Rouleau
John.Rouleau@CampingWorld.com
Source: Camping World Holdings, Inc.