Camping World Closes on the Purchase of Lazydays in Elkhart, Indiana

StockNews.AI • 310 days

BullishLong TermCorporate DevelopmentsTHO RV WGO

High Materiality8/10

Information

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Camping World Holdings, Inc. (NYSE: CWH) (“Camping World” or “C...

Original source

AI Summary

Camping World acquired Lazydays, enhancing its RV market foothold. The deal positions CWH for competitive value with recognized RV brands.

Sentiment Rationale

Acquisitions often lead to increased market share and revenues. Historical data shows similar impacts; for instance, Thor Industries saw revenue growth post-acquisition.

Trading Thesis

The acquisition will strengthen CWH's market position over time, attracting new customers. Long-term gains often follow successful integrations of acquisitions.

Market-Moving

Camping World acquired Lazydays, enhancing its RV market foothold.
The deal positions CWH for competitive value with recognized RV brands.

Key Facts

Camping World acquired Lazydays, enhancing its RV market foothold.
The deal positions CWH for competitive value with recognized RV brands.

Companies Mentioned

THO (THO)
RV (RV)
WGO (WGO)

Corporate Developments

The acquisition directly strengthens CWH's competitive stance in the RV market, which is crucial for future growth.

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Camping World Holdings, Inc. (NYSE: CWH) (“Camping World” or “Company”), the World's Largest Recreational Vehicle Dealer, today announced that it has closed on the asset and real estate purchase of Lazydays in Elkhart, Indiana. Marcus Lemonis, Chairman and CEO of Camping World, commented, “This acquisition gives our Company a stronger foothold in the RV capital of the world, with the ability to offer compelling value on recognized brands like Jayco, Grand De.