SOURCE: Camping World & Good Sam

Camping World & Good Sam

February 02, 2017 08:55 ET

Camping World Expands Idaho Presence with Planned Acquisition of Nelson's RV

LINCOLNSHIRE, IL--(Marketwired - Feb 2, 2017) - Camping World Holdings, Inc. (NYSE: CWH) ("Camping World"), the nation's largest network of RV-centric retail locations, announced aggressive plans for expansion in the state of Idaho, with the proposed acquisition of the Nelson's RVs dealerships, with three locations in the greater Boise metropolitan market. 

Camping World currently operates two SuperCenters in the Meridian and Idaho Falls areas and with the acquisition of Nelson's RVs, is further expanding in the Boise metropolitan market with three new SuperCenters, including two in Boise and one in Caldwell, increasing our presence in Idaho to five Camping World locations.

"We continue to seek acquisitions to leverage the progression of our brand and to provide a superior experience to customers across the country," said Marcus Lemonis, Chairman and CEO of Camping World and Good Sam. "Tom Nelson and his team have served Idaho and Eastern Oregon with premier recreational vehicle services for over 33 years and we look forward to continuing their high standards of quality and service and solidifying our leading position in the state of Idaho."

Brent Moody, Chief Operating Officer of Camping World and Good Sam commented, "The Nelson family exemplifies the core values that are synonymous with Camping World and the way we run our business, and these standards will remain and guide us as we look toward the future." Added Moody, "We will continue to operate the two Boise area locations as Nelson's RV locations while rebranding the Caldwell location as a Camping World RV SuperCenter as we pursue our expansion in the area. We look forward to working with the management team to continue their success and take the businesses to the next level."

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.

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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.

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