Camping World Expands Footprint In The Golden State Via This Acquisition
Camping World Holdings Inc (NYSE: CWH) has inked an agreement to acquire RV Solutions Inc, a family-owned RV dealership group in San Diego, California. The financial terms were not disclosed.
The deal includes two RV Dealership locations, RV Solutions and Airstream of San Diego along with one standalone parts and service center in El Cajon, California.
The acquisition of these facilities is slated to be finalized in first quarter 2023.
The current RV Solutions dealership is located at 7620 Copley Park Place and features 10 RV service bays.
The Airstream of San Diego dealership, located at 7680 Copley Park Place, includes 5 service bays.
The SuperCenters will offer a range of new and used RVs from top manufacturers in addition to a full assortment of RV and outdoor products and accessories.
Camping World held $1482 million in cash and equivalents as of September 30, 2022.
Price Action: CWH shares are trading lower by 4.81% at $26.58 on the last check Monday.
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