All Igloo articles
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News briefsIgloo expands into the active cooler category
Igloo announced the launch of its ICF Series, a collection of iceless electric compressor coolers, marking the company’s official expansion into the active cooler category. Released in five sizes with a wide temperature control range, the new collection is available now in the US at igloocoolers.com/icf and select global retailers. ...
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ArticleDometic Q4 organic sales slump 11%
Dometic reported sales in the fourth quarter of 2022 of 6,172 million Swedish kronor (€550.1m), up by 11 percent on the year earlier, as acquisitions and currency tailwinds more than offset an 11 percent contraction in organic sales. The decline in organic sales at the Swedish specialist in products for ...
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ArticleDometic sees organic sales slip 1% in Q2, unveils new efficiency measures
Dometic saw a 1 percent decline in organic sales in the second quarter of 2022 as Service and Aftermarkets sales slipped following a strong year-earlier performance and retailers globally rebalanced their inventory levels amid tougher market conditions. Acquisitions and foreign currency tailwinds nonetheless allowed the company to boost its top ...
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News briefsIgloo ups its use of recycled materials
Igloo has “set a cumulative goal” to recycle 30 million recovered plastic bottles by 2025. The brand says it set out in 2019 to become, in the words of chief marketing officer Brian Garofalow, “the most environmentally friendly cooler company on Earth.” Since then, it has released a number of ...
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ArticleDometic’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 briefsAcquisition 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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ArticleDometic 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 briefsDometic 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
Igloo names Andrew Perlmutter to its board of directors
Igloo Products Corp. , an American cooler specialist founded in 1947, announced that Andrew Perlmutter was appointed to the board of directors. Perlmutter is known in the world of pop culture as a renowned brand builder and comes to Igloo with decades of professional expertise. His responsibilities will include ...
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News briefs
Igloo’s Covid-19 relief donations in the U.S. reach almost $300K
Igloo, a U.S. cooler specialist, has reported that its total donation to the American Centers for Disease Control and Prevention (CDC) Foundation and Restaurant Employee Relief Fund has reached $299,794 through the sale of Playmate coolers. Igloo has awarded all funds directly to the organizations for ...
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ArticleU.S. cooler manufacturer Igloo turns green
Igloo , a U.S. cooler specialist, founded in 1947, has revealed a new business category focusing on community stewardship and education through more thoughtful products and initiatives – in short: Igloo wants to become the most eco-friendly cooler maker in the world and shrink its footprint considerably. In 2019, the ...
