Dometic acquires Cadac International
On September 16, 2021, Dometic entered into an agreement to acquire Cadac International – a provider of premium barbecue equipment for the vehicle based outdoor market.SUMMARY · This transaction strengthens Dometic’s product offering and distribution network for the growing vehicle based outdoor market. · Net sales of Cadac in 2020 were approx. EUR 17 million with a good operating margin. · The transaction is expected to be accretive to Dometic’s EPS from start. description of CADAC Cadac is a provider of premium outdoor barbecue equipment for the vehicle based outdoor