Benzinga | Jul 6, 2021 11:10AM EDT

Camping World Acquires RV Dealership In Vermont For Undisclosed Sum

* Camping World Holdings Inc (NYSE: CWH) has acquired Recreational Vehicle (RV) dealership in St. Albans City, Vermont, for an undisclosed sum.

* The deal is expected to close later this summer.

* The property will undergo a full renovation and expansion with an anticipated opening in mid to late 2022.

* The location will be the retailer's first facility in Vermont.

* The location will include a wide range of new and used RVs from top manufacturers, in addition to a full range of RV and outdoor products and accessories.

* "We continue to march towards our goal of operating a recreational dealer platform in the 48 contiguous states," said CEO Marcus Lemonis.

* Camping's cash and equivalents totaled $256.8 million as of March 31, 2021.

* Price action: CWH shares are trading lower by 2.40% at $37.84 on the last check Tuesday.