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Camping
World Completes First Step of Rapid Virginia
Expansion
with Acquisition of McGeorge’s Rolling Hills RV
|
Lincolnshire,
IL – February 2017 / Newsmaker Alert / Camping
World Holdings, Inc. (NYSE: CWH) (“Camping
World”), the nation’s largest network of RV-centric retail locations,
announces plans for expansion in the state of Virginia, with the acquisition
of the McGeorge’s Rolling Hills RV
dealership in the Richmond market.
“Virginia
is a great state for the outdoor enthusiast and we are thrilled to welcome
the wonderful people of McGeorge’s RV to the Camping World family as the
first step of our rapid expansion in the state. McGeorge’s RV is an exceptional
family business that grew through a focus on delivering excellent service
and products to customers,” said Marcus Lemonis, Chairman and CEO of Camping
World and Good Sam. “Over the past 40 years, Ed McGeorge and his team have
earned the title as Virginia’s largest and #1 RV dealer by providing superior
customer service and we look forward to continuing their high standards
of quality and service, and solidifying our leading position in the state.”
Camping
World currently operates two SuperCenters in the Roanoke and Winchester
areas and with the acquisition of McGeorge’s RVs, is further expanding
in the Richmond metropolitan market, increasing their current presence
in Virginia to three dealership locations.
“We
will maintain both companies’ commitment to service and product excellence
while building on our success as part of this new market,” said Brent Moody,
Chief Operating Officer of Camping World and Good Sam. “This important
acquisition reinforces our commitment to planned expansion in the state
of Virginia and our focus on increased market share with our country-wide
expansion.”
About
Camping World Holdings, Inc.
Camping
World Holdings Inc. (NYSE: CWH) is the only provider of a comprehensive
portfolio of services, protection plans, products and resources for recreational
vehicle (“RV”) enthusiasts. Through its two iconic brands, Camping World
and Good Sam, the company offers new and used RVs for sale, vehicle service
and maintenance along with more than 10,000 products and services through
its retail locations and membership clubs. Good Sam branded offerings provide
the industry’s broadest and deepest range of services, protection plans,
products and resources while the Camping World brand operates the largest
national network of RV-centric retail locations in the United States with
over 120 retail locations in 36 states and an e-commerce platform. With
both brands founded in 1966, product and service offerings are based on
50 years of experience and customer feedback from RV enthusiasts.
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.
Media
Contact:
Karen
Porter
847-229-6408
Camping
World |