UNDATED (WSAU) – Camping World, a retailer that specializes in RV sales and supplies, will buy out Gander Mountain. Camping World also announced that they will buy Overton’s boating business.
Gander Mountain had already announced that two stores in Wisconsin – in Eau Claire and Germanton – will close. Three other locations in Minnesota will also be shuttered.
Gander Mountain, which filed for bankruptcy earlier this year, announced that Camping World was the winning bidder for its assets. The agreement is expected to be approved by a bankruptcy judge on Wednesday.
Camping World says they intend to liquidate Gander Mountain’s existing inventory. They also said in a statement that they will only keep open locations that they can operate profitably. The Gander Mountain store in Rib Mountain was not on the company’s shutdown list, released earlier this year.
The new owners said: “The liquidation of the existing Gander Mountain inventory will allow us to start with a clean slate of what we consider the appropriate mix and level of inventory, including the addition of Camping World and Overton offerings where appropriate.”
