All Dometic articles – Page 2
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Article
Dometic’s top line boosted by M&A, optimistic about demand outlook
Dometic reported sales in the fourth quarter of 5,542 million Swedish kronor (€532.0m-$593.9m) , an increase of 32 percent on the previous year, as management expressed optimism on the demand outlook in coming quarters but warned about persistent clouds on the supply chain front. Sales growth at the Swedish specialist ...
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News briefs
Dometic aquires mobile power specialist NDS Energy
Swedish company Dometic continues to make acquisitions and has agreed to buy Italy’s NDS Energy, a provider of outdoor mobile power solutions. NDS Energy’s products are sold across several countries in Europe, including to more than 200 dealers in Italy. Net sales of NDS for the last 12 months amounted ...
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News briefs
Acquisition of Igloo completed
On Sept. 17, Swedish company Dometic announced that it has entered into an agreement to acquire Igloo, the Texas-based manufacturer of passive coolers and drinkware for the outdoor market, from private equity group ACON Investments. The closing of the transaction was subject to certain regulatory approvals, which have now been ...
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Article
Dometic Q3 sales growth gets a boost from M&A as supply chain problems persist
Dometic saw sales in the third quarter rise by 24 percent to SEK 5,545 million (€555.2m-$646.5m) despite continuing to suffer from “significant” supply chain disruptions. Growth in the top line of the Stockholm-based specialist in products for mobile living was largely due to acquisitions, with M&A seen increasing revenues by ...
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News briefs
Dometic introduces new recycled material for camping products
To offer its environmentally-conscious customers lower-impact choices, Dometic has introduced the new material Redux, a lightweight polyester, made from 100 percent recycled plastic bottles with Global Recycled Standard (GRS) certification. As a start, the new material will be used for the production of a new RV awning and some camping ...
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News briefs
Dometic acquires U.S. cooler manufacturer Igloo
Swedish company Dometic has reached an agreement to acquire Igloo, the U.S.-based manufacturer of passive coolers and drinking vessels. The acquisition is an important step in Dometic’s strategy to grow further in the outdoor industry and creates a strong base for further global growth, the company said. It will also ...
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News briefs
OutDoor by ISPO Global Summit Edition reveals event program
With a schedule of workshops, keynotes and networking opportunities, the first Global Summit Edition of the OutDoor by ISPO will take place from Monday, Oct. 4, through Thursday, Oct. 7. Besides the physical brand presentation space, re-connecting – or even generating new contacts – is in the ...
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Article
Dometic Q2 sales rebound but supply-chain issues persist
Scandinavian Outdoor Group member Dometic saw second-quarter earnings rebound from the impact of the Covid pandemic despite persistent supply-chain challenges. The Stockholm-based specialist in products for mobile living said reported a 67 percent increase in net sales to SEK 5.6bn (€546m - $642m) against the 2020 period, which was hit ...
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News briefs
Dometic acquires Büttner Elektronik
Scandinavian Outdoor Group (SOG) member Dometic keeps on buying companies internationally: On July 2, it acquired Büttner Elektronik, a German provider specialized in mobile power solutions for the outdoor segment, including solar power solutions, batteries and battery chargers. The company’s 2020 net sales (primarily sold in Germany) were approximately €13 ...
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News briefs
Dometic sets ambitious sustainability goals
Dometic, based in Stockholm, the specialist in products for mobile living that has just bought three other companies in the solar and vehicle accessories sector within one month, aims to increase its energy efficiency and switch to renewable energy sources to reduce its carbon footprint further. The company’s just-released climate ...
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News briefs
Dometic continues its buying spree
The newest member of the Scandinavian Outdoor Group (SOG), Dometic, continues to acquire companies: Only one week after announcing the takeover of Front Runner from South Africa, the Swedes have now completed the purchase of Zamp Solar, a North American manufacturer of innovative and high-quality mobile solar power solutions for ...
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News briefs
Dometic acquires Front Runner
Dometic’s buying spree continues unabated: After Valterra in April and Enerdrive in May, the Swedish brand headquartered in Stockholm has now reached an agreement to acquire Front Runner Vehicle Outfitters, a provider of roof racks, cargo carriers, storage solutions and off-road accessories from South Africa that is particularly popular with ...
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News briefs
Dometic acquires Enerdrive
SOG member Dometic Group AB just announced the acquisition of Enerdrive, an Australian-based provider of mobile power products for the outdoor market, including solar power solutions, batteries and battery chargers. The acquisition of Enerdrive broadens Dometic’s offering and distribution network in the Pacific region and also increases the Swedish company’s ...
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News briefs
Dometic reports growth in its first quarter
Dometic, the Swedish brand that was awarded the ”Fastest Growing Equipment Accessories Brand in the U.S. Outdoor Industry” by data analytics company NPD Group, has just released its Q1 financial report. The Stockholm-based company and the latest new member of the Scandinavian Outdoor Group (SOG) closed the quarter with a ...
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Article
Dometic acquires Valterra Products
Dometic, the Swedish brand that just joined the Scandinavian Outdoor Group (SOG), has reached an agreement to acquire Valterra Products, a North American provider of service and aftermarket products primarily for the RV (recreational vehicles) industry. The acquisition expands Dometic’s service and aftermarket position with new products, a broader distribution ...
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News briefs
Two new SOG members
The Scandinavian Outdoor Group (SOG) has announced two new members for 2021 with Dometic and Superstainable. Dometic is a Swedish brand offering solutions for mobile living, providing products for recreational vehicles, vans and boats and now expanding into product categories solving the same needs but without installation into a vehicle. ...
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