Camping World Holdings Agrees to Acquire Uncle Dan’s Outfitters, a Specialty Retailer of Outdoor Gear, Apparel & Camping Su...
October 12 2017 - 8:10AM
Business Wire
Marcus Lemonis and Team Continue Building a
Seamless Approach to the Outdoor Lifestyle Market
Camping World Holdings, Inc. (NYSE: CWH) (“Camping World”), the
nation’s largest network of RV-centric retail locations, today
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20171012005413/en/
For Media Outlets:Camping World Holdings, Inc.Karen
PorterPR-CWGS@campingworld.com
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