There goes the neighborhood
Camping World Announces Deal to Acquire River City Recreation World in the Little Rock, Arkansas Market
March 14, 2018 08:15 AM Eastern Daylight Time
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Camping World Holdings, Inc. (NYSE: CWH) (“Camping World”), the nation’s largest network of RV-centric retail locations, announced that an agreement has been signed to acquire River City Recreation World located in Sherwood, Arkansas.
“Our goal with this acquisition is to add more quality manufacturers and brands, increase our presence in the market and grow the workforce.”
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“I always look for three things: People, Process and Product in relation to enhancing our Camping World presence, all of which are exemplified by River City RV,” said Marcus Lemonis, Chairman of Camping World Holdings. “Our goal with this acquisition is to add more quality manufacturers and brands, increase our presence in the market and grow the workforce.”
The acquisition of River City Recreation World is in line with Camping World’s future growth plans and the company expects to soon announce several additional markets of expansion throughout the country in 2018.
Camping World currently operates two locations in Arkansas, in Lowell and North Little Rock, with both locations specializing in service, RV sales and retail accessories. With the new acquisition, the company will further expand the market footprint by increasing Camping World’s presence in the state of Arkansas to three RV SuperCenters.
Note: the new “acquisition “ is less than 10 miles from the CW location.
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