Dometic acquires Enerdrive
On May 18, 2021, Dometic entered into an agreement to acquire Enerdrive – an Australian-based provider of mobile power products for the outdoor market.SUMMARY · The acquisition of Enerdrive strengthens Dometic’s offering of mobile power products, including solar power solutions, for the outdoor market in the Pacific region. · Enerdrive’s 2020 net sales were approximately AUD 28 million (~USD 22 million) with a good operating margin. · Enerdrive has a large Service and Aftermarket network of more than 1,200 dealers. · The transaction is expected to be accretive to Dometic’s EPS