Camping World acquires Minnesota RV retailer
LINCOLNSHIRE - Camping World Holdings announced it has acquired Coates RV, with locations in Hugo and Cloquet, Minnesota.
Terms of the acquisition were not announced.
The acquisition of Coates RV is in line with the company's RV dealership growth plans, officials said, and it expects to continue expanding in Minnesota and other markets throughout the country this year. Three additional Gander RV locations in Forest Lake, Hermantown and Baxter, will open in spring and summer of 2019, the company announced.
"For over 80 years, Coates RV has earned its customers' business by providing quality products and service backed with a highly experienced team and reliable RV care," said Marcus Lemonis, Chairman of Camping World Holdings. "Attention to detail has made them leaders in the RV industry and we look forward to the team, many of which have over 10 years' experience, joining our network of RV Supercenters."
Brent Moody, president of Camping World Holdings, added the company currently operate a location in Monticello, Minn., that specializes in RV sales, service, and accessories.
"With the Coates RV locations, we increase our presence in the state to three RV Supercenters, and we look forward to the expansion of the Gander RV dealerships in Forest Lake, Hermantown and Baxter," Moody added.