Camping World Announces Deal to Acquire Hilmerson RV in Minnesota
May 05 2021 - 4:24PM
Business Wire
Camping World Holdings, Inc. (NYSE: CWH) (“Camping World”),
America’s Recreation Dealer, today announced the expansion of its
business presence in the Minnesota market with an agreement to
acquire Hilmerson RV in Little Falls. The acquisition is expected
to close in early summer 2021.
“With a history of top-notch customer service for over 37 years,
Hilmerson RV is one of the best dealerships in America,” said
Marcus Lemonis, CEO and Chairman of Camping World. “I’ve been in
this business for almost 20 years and this team simply runs one of
the strongest operations I’ve ever seen.”
The facility, located at 14884 113th Street in Little Falls just
off Highway 10, will transition to the Camping World brand and open
for business early this summer. This will be the company’s 11th
location in the state of Minnesota and will include a wide range of
new and used RVs from top manufacturers in addition to a full
assortment of RV and outdoor products and accessories.
The company currently has operating dealerships, agreements to
acquire existing RV dealerships, is under new construction or has a
land acquisition pending in 45 of the 48 continuous states.
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 may visit http://www.campingworldcareers.com/.
About Camping World Holdings,
Inc.
Camping World Holdings, Inc., headquartered in Lincolnshire, IL,
(together with its subsidiaries) is America’s largest retailer of
RVs and related products and services. Our vision is to build a
long-term legacy business that makes RVing fun and easy, and our
Camping World and Good Sam brands have been serving RV consumers
since 1966. We strive to build long-term value for our customers,
employees, and shareholders by combining a unique and comprehensive
assortment of RV products and services with a national network of
RV dealerships, service centers and customer support centers along
with the industry’s most extensive online presence and a
highly-trained and knowledgeable team of associates serving our
customers, the RV lifestyle, and the communities in which we
operate. We also believe that our Good Sam organization and family
of programs and services uniquely enables us to connect with our
customers as stewards of the RV enthusiast community and the RV
lifestyle. With over 175 locations in 38 states, Camping World, and
sister company Gander RV & Outdoors, have grown to become prime
destinations for everything RV. 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 about our future
development plans, expansions, acquisitions, new store openings,
business plans and goals, our expectations regarding market
potential, demand for our products and growth strategy 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 (“SEC”), including under the caption “Risk
Factors” in our Annual Report on Form 10-K filed for the year ended
December 31, 2020 with the SEC on February 26, 2021. 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 SEC.
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version on businesswire.com: https://www.businesswire.com/news/home/20210505006115/en/
For Media Outlets: Karen Porter
PR-CWGS@campingworld.com
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