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Camping
World Continues Rapid
Virgina
Expansion with Acquisition of Safford RV
|
Lincolnshire,
IL – March 2017 / Newsmaker Alert / Camping
World Holdings, Inc. (NYSE: CWH) (“Camping
World”), the nation’s largest network of RV-centric retail locations,
announced plans for further expansion in the state of Virginia, with the
acquisition of the Safford RV dealership
in the Fredericksburg market.
“Our
two organizations have such strong synergies in terms of customer service,
product offerings and geographic presence and we look forward to continuing
Safford RV’s high standards of quality and service, while solidifying our
leading position in the state,” said Marcus Lemonis, Chairman and CEO of
Camping World and Good Sam. “Camping World’s customers will now enjoy greater
convenience throughout the state of Virginia while Safford RV’s customers
will benefit from expanded product and service capabilities and a nationwide
network of dealerships and accessory stores.”
Camping
World currently operates two SuperCenters in the Roanoke and Winchester
areas and with the recent announcement of the acquisition of McGeorge’s
RVs in Richmond, the Safford RV dealership further expands the market footprint,
increasing Camping World’s current presence in the state of Virginia to
four SuperCenter locations.
“This
acquisition is yet another step in our continued growth in the RV industry
and our commitment to service and product excellence,” said Brent Moody,
Chief Operating Officer of Camping World and Good Sam. “The ability to
expand in a region is obviously a great benefit to any business as it leads
to a broader audience and a bigger pool of customers, ultimately increasing
our profitability.”
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 |