LINCOLNSHIRE, Ill. — Camping World Holdings today announced plans for continued expansion in the state of Virginia, with the acquisition of Reines RV Center, with dealerships in northern and central Virginia.
“It’s an exciting time for us, as we expand in the Virginia market with the wonderful people of Reines RV joining the Camping World family,” said Marcus Lemonis, CEO and chairman of Camping World. “We are elated to provide customers with top notch, convenient SuperCenters, across the state, that can fulfill all of their outdoor and RV needs, from thousands of accessories, to RV sales and service.”
Camping World currently operates SuperCenters in the Roanoke and Winchester areas as well as Richmond with the recent acquisition of McGeorge’s RVs and also in Thornburg with the recent acquisition of the Safford RV dealership. The Reines RV Center acquisition further expands the market footprint, increasing Camping World’s current presence in the state of Virginia to six SuperCenter locations.
“Over the past 70 years, the Reines family and staff have been honored with many awards for sales and consumer excellence and we look forward to continuing their high standards of quality and service,” said Brent Moody, chief operating officer of Camping World and Good Sam.
“This important acquisition reinforces our commitment to further expansion in the state of Virginia and our focus on increased market share with our countrywide expansion,” Moody said.
SOURCE: Camping World press release
This marks the 29th announced consolidation within the RV industry since Jan. 1, according to reports published by RV Daily Report. Some deals may have been announced during RV Daily Report’s end-of-year break in late 2016, but the news was published after the new year. Here is the current 2017 RV industry consolidation scorecard:
- Jan. 3 – Camping World acquires RV World of Georgia
- Jan. 10 – Camping World acquires RV-Max: Three locations in Texas
- Jan. 19 – Camping World buys Jamatt RV in Oklahoma
- Feb. 2 – Camping World buys Nelson’s RV in Idaho
- Feb. 16 – Camping World acquires McGeorge’s RV in Virginia
- March 3 – Willkins RV acquires Ballantyne RV in New York
- March 8 – Camping World acquires Safford RV in Virginia
- May 1 – Camping World acquires Gander Mountain, Overton’s
- May 9 – Apollo acquires CanaDream, Kratzmann Caravans and Clint’s Caravan Warehouse
- May 25 – Camping World acquires Reines RV Center
- Jan. 2 – REV Group takes over Renegade RV
- Feb. 10 – Hymer acquires Explorer Group in England
- April 13 – REV Group acquires Midwest Automotive Designs
- May 5 – KV Private Equity acquires Northern Lite
- Jan. 2 – Covercraft acquires ADCO
- Feb. 2 – Dexter acquires Tie Down Engineering
- Feb. 9 – Lippert Components acquires Sessa Klein
- March 16 – Ultrafabrics merges with Daiichi Kasei Company
- March 20 – Patrick Industries acquires Medallion Plastics
- April 3 – Valterra acquires Diamond Group
- April 4 – The Eastern Company acquires Velvac
- April 12 – Power Products acquires Progressive Industries
- April 28 – Boomerang acquires United Roll Forming division
- May 11 – Dominion Services (RV Trader) acquired by West Street Capital Partners
- May 17 – Pressure Systems International acquires Truck System Technologies
- May 22 – Lippert Components acquires Lexington
- May 24 – Laurentian Bank acquires Northport Financial
- Jan. 20 – Zeman Homes buys Paradise Camping Resort in Grand Prairie, Ill., and Seasons in the Sun RV Resort in Mims, Fla.
- April 4 – Diversified Investment Companies acquires Hidden Creek Camping Resort in Marion, N.C.