Camping World Buys Russ Dean RV
Camping World is acquiring Russ Dean RV in Pasco. Camping World is headed by the reality TV star from "The Profit" Marcus Lemonis. Camping World has the largest RV retail network in the country.
The terms of the deal weren't disclosed but the deal will end the 40 year old Russ Dean RV run and make way for Camping World in the Tri-Cities.
You can check out the complete details of the sale below.
Camping World, an outdoor and camping retailer, announced in June the planned expansion of its RV sales locations by more than 30 percent through the launch of Gander RV Sales, new store openings and continued acquisitions. The acquisition of Russ Dean RV is in line with the company’s future growth plans, the release said.
Camping World operates three Washington locations in Burlington, Spokane and Fife, with services ranging from RV sales, service and retail accessories. With the acquisition of Russ Dean RV, the company will increase its Washington presence to four stores.
“Our goal with this acquisition is to continue adding quality manufacturers and brands, increase our presence in the market and expand the distribution of our Good Sam portfolio of products and services,” said Brent Moody, chief operating officer of Camping World, in a statement. “We continue to successfully execute our expansion strategy and we believe adding Russ Dean RV to our dealership network will strengthen our position in the Pacific Northwest region.”
Headquartered in Lincolnshire, Illinois, Camping World offers an extensive assortment of recreational vehicles for sale, RV and camping gear, RV maintenance and repair, other outdoor and active sports products, and the industry’s broadest and deepest range of services, protection plans, products and resources
If you want more details, you can read all about them here