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Camping
World Holdings Agrees to Acquire
Uncle
Dan’s Outfitters, a Specialty Retailer of Outdoor Gear,
Apparel
and Camping Supplies
|
Marcus Lemonis
and Team Continue Building a
Seamless Approach
to the Outdoor Lifestyle Market
|
Lincolnshire,
IL – October 2017 / Newsmaker Alert / Camping
World Holdings, Inc. (NYSE: CWH) (“Camping World”), the nation’s largest
network of RV-centric retail locations, has announced plans to purchase
Uncle Dan’s Outfitters, a specialty
retailer of outdoor gear, apparel and camping supplies.
The
acquisition will expand and strengthen the Company’s efforts in the broader
outdoor lifestyle market. Over the past six months, Camping World Holdings
(CWH) has acquired certain assets of Gander Mountain, a leading retailers
of hunting, fishing, camping, and outdoor gear, Overton’s, a leading retailer
of boating and marine accessories, and TheHouse.com, an online retailer
specializing in bikes, sailboards, skateboards, wakeboards, snowboards
and outdoor gear. The combination of these retailers and their e-commerce
platforms provides CWH with a strong foundation in the outdoor lifestyle
market from which to continue and building upon.
“Under
the leadership of Brent Weiss and family for over 45 years, Uncle Dan’s
Outfitters strengthens Camping World Holding’s efforts to build a seamless
approach to the outdoor lifestyle market and further positions the company
to expand the reach and product offerings of our e-commerce business,”
said Marcus Lemonis, Chairman of Camping World Holdings. “The management
team not only possess strong knowledge of the outdoor outfitter market
but also has a keen eye for the development and invention of new product
offerings.”
The
acquisition of Uncle Dan’s Outfitters is further evidence of CWH’s commitment
to an omni-channel approach to penetrating the outdoor lifestyle market.
Uncle Dan’s Outfitters will position the company for further growth to
its expanding e-commerce platform at udans.com, by increasing customer
reach and adding new quality product offerings. Uncle Dan’s Outfitters
will also serve as the official supplier of outdoor gear, apparel and camping
supplies to the company’s rebranded Gander Outdoors retail stores across
the country.
About
Camping World Holdings, Inc.
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 destination for everything RV,
with over 135 retail locations in 36 states and comprehensive e-commerce
platform. Coupled with an unsurpassed portfolio of industry-leading brands
including Gander Outdoors, Good Sam, Overton’s, The House and Windward/W82,
Camping World Holdings has become the 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.
Media
Contact:
Karen
Porter
847-229-6408
Camping
World |