Camping World Holdings Announces Deal to Acquire Paul Sherry RV in the Greater Dayton, Ohio Market
November 24 2020 - 8:15AM
Business Wire
Camping World Holdings, Inc. (NYSE: CWH) (“Camping World”), the
nation’s largest network of RV and outdoor lifestyle - centric
retail locations, today announced an agreement to acquire Paul
Sherry RV located in Piqua, Ohio.
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Camping World RV SuperCenter (Photo:
Business Wire)
“This acquisition aligns with our strategy to expand into new
markets throughout the country,” said Marcus Lemonis, Chairman of
Camping World. “We are excited for the many growth opportunities
that we see ahead to serve our current customers and to grow our
presence in the greater Dayton, Ohio market.”
Located in Piqua, OH off I-75, Paul Sherry RV will be rebranded
as Camping World offering a wide range of new and used travel
trailers, fifth wheels and motorhomes from top manufacturers and
brands; RV service, parts and accessories; outdoor lifestyle
products; and its entire portfolio of Good Sam products and
services.
The acquisition of Paul Sherry RV brings the count of the
Company’s retail SuperCenters in the state of Ohio to a total of
four; and this acquisition is in line with company’s future growth
plans.
Camping World Holdings currently owns and operates over 160
SuperCenters nationwide, specializing in RV sales and service, RV
parts and accessories, outdoor lifestyle products and its entire
portfolio of Good Sam products and services. From new strategic
acquisitions, new store development and facility upgrades, the
Company’s network will continue to expand and evolve while serving
its customers' outdoor, RV and camping needs.
Camping World Holdings 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 may visit
http://www.campingworldcareers.com/.
About Camping World Holdings,
Inc.
Camping World Holdings, headquartered in Lincolnshire, Illinois,
is America’s leading recreational vehicle and outdoor 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 160 locations in 37 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, our capital return
strategy, and expected dividend payments 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 the important
factors discussed under the caption “Risk Factors” in our Annual
Report on Form 10-K filed for the year ended December 31, 2019, as
updated in our Quarterly Report on Form 10-Q for the quarter ended
June 30, 2020, and our other reports filed with the SEC. 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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version on businesswire.com: https://www.businesswire.com/news/home/20201124005266/en/
For Media Outlets: Karen Porter
PR-CWGS@campingworld.com
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