LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--
Camping World Holdings, Inc. (NYSE: CWH) (“Camping World”), the nation’s
largest network of RV-centric retail locations, announced that an
agreement has been signed to acquire B & B RV Center located in
Anderson, California.
"Under Wayne and Stacy Barnes’ leadership, B & B RV Center has
established itself as a successful and well-known RV dealership in
California,” said Marcus Lemonis, Chairman of Camping World Holdings.
“We are pleased to begin the acquisition of their dealership and
continue our market share expansion throughout the west coast.”
The acquisition of B & B RV Center is in line with Camping World’s
future growth plans and the company expects to announce additional
markets for expansion throughout the country in 2018.
Camping World currently operates 13 locations in California specializing
in RV sales, service and parts and accessories. With the new
acquisition, the company will further expand the market footprint by
increasing Camping World’s presence in the state of California to 14
retail locations, with seven offering RV Sales.
“Our goal with this acquisition is to add more 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 B & B RV Center to
our dealership network will strengthen our position.”
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
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 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 over 140 retail locations in 36
states and a comprehensive e-commerce platform. Coupled with an
unsurpassed portfolio of industry-leading brands including Erehwon
Mountain Outfitters, Gander Outdoors, Good Sam, Overton’s, The House and
Windward/W82, Camping World Holdings has become synonymous with outdoor
experiences. Camping World’s stock is traded on the New York Stock
Exchange under the symbol "CWH".
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 Media Outlets:
Camping World Holdings, Inc.
Karen
Porter
PR-CWGS@campingworld.com
Source: Camping World Holdings, Inc.