Tenting World Announces Entry Into North Dakota with Settlement to Acquire Outlet Recreation

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LINCOLNSHIRE, Unwell.–(Business WIRE)–
Camping Planet Holdings, Inc. (NYSE: CWH) (“Camping World”), the nation’s largest community of RV and out of doors lifestyle – centric retail spots, right now declared an arrangement to acquire the Outlet Recreation dealership based mostly in the Fargo marketplace. This acquisition marks the Company’s 1st place in North Dakota, with plans for the offer to shut in December 2020.

This press release options multimedia. View the total release here: https://www.businesswire.com/news/property/20201116005291/en/

Camping World RV SuperCenter (Photo: Business Wire)

Camping Environment RV SuperCenter (Image: Organization Wire)

“We are very well-positioned to continue being a chief in the RV market as it carries on to evolve,” claimed Marcus Lemonis, Chairman of Camping Environment. “The addition of Outlet Recreation in Fargo will allow us to grow our footprint into the state of North Dakota when continuing to provide a large normal of shopper support and integrity in the field.”

Situated in West Fargo, ND off I-94, Outlet Recreation features a vast array of new and utilised journey trailers, fifth wheels and motorhomes from best suppliers and brands. This acquisition is in line with the Company’s long term advancement plans.

“I’m proud of the community that Tenting World has constructed above the past number of yrs, and we are not even shut to achieving our probable,” ongoing Lemonis. “As we enter our 38th point out, we are laser targeted on staying in all 48 continental states by the finish of 2021, which will support us execute our target of promoting RVs seamlessly on the web, to complement our bodily retail places.”

Tenting World currently owns and operates around 160 SuperCenters nationwide, specializing in RV income and support, RV elements and extras, outside way of living products and its whole portfolio of Good Sam products and providers. From new strategic acquisitions, new retail store development and facility upgrades, the Company’s community will proceed to grow and evolve while serving its customers’ outdoor, RV and camping wants.

Camping Environment is constantly hunting for seasoned and specialist RV income associates, specialists, and retail assist to guide with places across the country. Persons fascinated in making use of for a position with Tenting Entire world may possibly check out http://www.campingworldcareers.com/.

About Tenting Entire world Holdings, Inc.

Camping Environment Holdings, headquartered in Lincolnshire, Illinois, is America’s main recreational car and outside retailer, giving an considerable assortment of recreational vehicles for sale, RV and tenting equipment, RV routine maintenance and mend, other outdoor and lively athletics solutions, and the industry’s broadest and deepest array of services, security plans, items and resources. Due to the fact the Firm’s founding in 1966, Tenting Globe has grown to become 1 of the most properly-acknowledged destinations for every thing RV, with a lot more than 160 locations in 37 states and a in depth e-commerce platform. For more facts, check out www.CampingWorld.com.

Cautionary Assertion Relating to Forward-Hunting Statements

This push launch consists of ahead-looking statements within just the which means of the Private Securities Litigation Reform Act of 1995 concerning Tenting Environment and other issues. All statements other than statements of historic info contained in this push release could be forward-hunting statements. Statements with regards to our future outcomes of operations and financial place, our funds return technique, and anticipated dividend payments are ahead-seeking statements. In some instances, you can detect ahead-seeking statements by terms these kinds of as ‘‘may,’’ ‘‘will,’’ ‘‘should,’’ ‘‘expects,’’ ‘‘plans,’’ ‘‘anticipates,’’ ‘‘could,’’ ‘‘intends,’’ ‘‘targets,’’ ‘‘projects,’’ ‘‘contemplates,’’ ‘‘believes,’’ ‘‘estimates,’’ ‘‘predicts,’’ ‘‘potential’’ or ‘‘continue’’ or the adverse of these conditions or other equivalent expressions. The ahead-on the lookout statements in this push launch are only predictions. We have based mostly these forward-on the lookout statements mostly on our recent expectations and projections about foreseeable future events and economic trends that we believe could affect our business, fiscal ailment and final results of functions. Forward-on the lookout statements involve acknowledged and unknown risks, uncertainties and other important aspects that could result in our true benefits, performance or achievements to be materially unique from any foreseeable future final results, general performance or achievements expressed or implied by the forward-on the lookout statements. You should very carefully take into consideration the threats and uncertainties that have an affect on our enterprise, such as the important things discussed below the caption “Risk Factors” in our Once-a-year Report on Type 10-K submitted for the year ended December 31, 2019, as up-to-date in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2020, and our other reviews filed with the SEC. These forward-looking statements converse only as of the day of this communication. Except as demanded by applicable law, we do not plan to publicly update or revise any ahead-seeking statements, no matter whether as a result of any new info, long term gatherings or in any other case. You are advised, however, to seek the advice of any even further disclosures we make on similar subjects in our general public announcements and filings with the Securities and Trade Fee.

Karen Porter PR-CWGS@campingworld.com

Resource: Tenting Globe Holdings, Inc.

Karen J. Simmons

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Camping Planet Announces Entry Into North Dakota with Arrangement to Obtain Outlet Recreation

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