Camping World Closes on the Purchase of Lazydays in Elkhart, Indiana

Rhea-AI Summary

Camping World Holdings (NYSE: CWH) has successfully completed the acquisition of Lazydays dealership in Elkhart, Indiana, including both assets and real estate. The strategic purchase strengthens the company's presence in what is known as the RV capital of the world.

The acquisition will enable Camping World to expand its offering of recognized brands including Jayco, Grand Design, Thor Motor Coach, and Coachmen. The company also plans to leverage its exclusive brands such as Coleman and Eddie Bauer at the new location.

Positive

• Strategic acquisition in the RV capital of the world strengthens market presence
• Expansion of brand portfolio including major RV manufacturers
• Addition of both assets and real estate to company portfolio

Negative

• None.

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)-- Camping World Holdings, Inc. (NYSE: CWH) (“Camping World” or “Company”), the World’s Largest Recreational Vehicle Dealer, today announced that it has closed on the asset and real estate purchase of Lazydays in Elkhart, Indiana.

Marcus Lemonis, Chairman and CEO of Camping World, commented, “This acquisition gives our Company a stronger foothold in the RV capital of the world, with the ability to offer compelling value on recognized brands like Jayco, Grand Design, Thor Motor Coach, and Coachmen, among others. We intend to leverage our Coleman, Eddie Bauer, and other exclusive brands as well."

Individuals interested in applying for a position may visit http://www.campingworldjobs.com/.

About Camping World Holdings, Inc.

Camping World Holdings, Inc., headquartered in Lincolnshire, IL, (together with its subsidiaries) is the world’s largest retailer of RVs and related products and services. Through Camping World and Good Sam brands, our vision is to build a business that makes RVing and other outdoor adventures fun and easy. We strive to build long-term value for our customers, employees, and stockholders 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 highly specialized services and plans, including roadside assistance, protection plans and insurance, uniquely enables us to connect with our customers as stewards of an outdoor and recreational lifestyle. With RV sales and service locations in 43 states, Camping World has grown to become the prime destination 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 including statements about the timing of the closure of and benefits from the announced acquisitions, future product offerings, and future market position. 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 risks 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, 2024. 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250313599905/en/

Contacts:

Brett Andress

InvestorRelations@campingworld.com

Media Outlets:

PR-CWGS@CampingWorld.com

Source: Camping World

FAQ

What brands will Camping World (CWH) offer at the newly acquired Elkhart Lazydays location?

The location will offer Jayco, Grand Design, Thor Motor Coach, Coachmen, and Camping World's exclusive brands Coleman and Eddie Bauer.

Where is the newly acquired Lazydays dealership located and why is it significant?

The dealership is in Elkhart, Indiana, known as the RV capital of the world, giving Camping World a stronger foothold in this strategic location.

What type of acquisition did Camping World (CWH) complete with Lazydays?

Camping World completed both an asset and real estate purchase of the Lazydays location in Elkhart, Indiana.

What exclusive brands will Camping World (CWH) leverage at the new Elkhart location?

Camping World will leverage their exclusive brands Coleman and Eddie Bauer at the new location.