Camping World Completes the Purchase of Five Locations from Lazydays

Rhea-AI Summary

Camping World Holdings (NYSE: CWH), the World's Largest Recreational Vehicle Dealer, has announced the completion of its acquisition of five locations from Lazydays. The company opted not to proceed with the purchase of two additional locations in Portland, Oregon and Council Bluffs, Iowa, citing that these locations did not meet the Company's standards.

Positive

• Successful completion of acquisition of 5 new locations expanding market presence
• Strategic decision-making demonstrated by rejecting locations not meeting company standards

Negative

• Failed to complete full planned acquisition, dropping 2 of 7 intended locations

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 completed the purchase of five locations from Lazydays. Camping World elected to not close on two locations in Portland, Oregon and Council Bluffs, Iowa, as these locations did not meet the Company’s standards.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250317471562/en/

Brett Andress

InvestorRelations@campingworld.com

Media Outlets:

PR-CWGS@CampingWorld.com

Source: Camping World

FAQ

How many Lazydays locations did Camping World (CWH) acquire in the recent purchase?

Camping World acquired 5 locations from Lazydays in the recent purchase.

Which Lazydays locations did Camping World (CWH) decide not to purchase?

Camping World decided not to purchase the locations in Portland, Oregon and Council Bluffs, Iowa.

Why did Camping World (CWH) reject the Portland and Council Bluffs locations?

These locations did not meet Camping World's standards.

What is the significance of the Lazydays acquisition for Camping World (CWH)?

The acquisition expands Camping World's presence as the World's Largest Recreational Vehicle Dealer through the addition of five new locations.