RV News

Dometic Acquires Italian Power Solutions Company

Dometic

Dometic has entered into an agreement to acquire NDS Energy – a provider of mobile power solutions for the outdoor market.

A purchase price was not disclosed.

Dometic said the acquisition strengthens Dometic’s offering and market presence within mobile power solutions in the European outdoor market.

NDS Energy’s net sales for the last 12 months were approximately EUR 11 million (approximately $12.6 million) with a good operating margin. Approximately 75 percent of net sales is in distribution and service and aftermarket.

The transaction is expected to close during the first quarter of 2022.

 

RV PRO Staff

The go-to business-to-business publication for RV industry professionals, RV PRO features a team of experienced writers and editors with a collective 54 years of editorial experience and 11 years of RV industry experience. For more about our team, visit rv-pro.com/about

Related Articles

Back to top button