RV Dealer Camping World Makes Largest Acquisition In Its History - Read More - Camping World Holdings (NYSE:CWH)

Camping World Holdings Inc CWH has agreed to acquire Richardson's RV Centers in California. The financial terms of the deal were not disclosed.
The agreement includes eight locations in California and Indiana, five current dealership locations, one future dealership location, and two parts and service centers.
The California locations will transition to the Camping World brand, bringing the company's count to 12 RV dealerships and five parts and service centers in the state.
"The Richardson's top-notch management along with their solid team members are the primary reason we sought this deal," said Chairman and CEO Marcus Lemonis.
Camping World held $139.5 million in cash and equivalents as of March 31, 2022.
Price Action: CWH shares closed lower by 3.52% at $26.06 on Friday.

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RV Dealer Camping World Makes Largest Acquisition In Its History - Read More