Camping World On Acquisition Spree, Discloses Funtime RV Buyout
Portfolio Pulse from Lekha Gupta
Camping World Holdings (NYSE:CWH) has announced the acquisition of Funtime RV in Oregon, expected to close in Q3 2023. This will increase the company's Oregon location count to nine. Camping World has also recently acquired Halterman's RV, Roy Robinson RV Center, and Hitch RV.
June 12, 2023 | 1:51 pm
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POSITIVE IMPACT
Camping World's acquisition of Funtime RV is expected to boost its Oregon location count to nine and extend its leadership in the RV market. The company's stock is trading higher by 0.48% at $29.06.
The acquisition of Funtime RV is expected to strengthen Camping World's presence in the Oregon market and extend its leadership in the RV industry. This positive news, along with the company's recent acquisitions, is likely to have a positive short-term impact on the stock price, as evidenced by the 0.48% increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100