Dometic expands in mobile and solar power
Dometic has acquired Büttner Elektronik, a Germany-based provider of mobile power solutions, including solar power solutions, batteries and battery chargers, for the outdoor market.
The acquisition aids Dometic’s expansion in the fast-growing market for mobile power solutions, which it notes as a strategic priority for the company.
The market demand for sustainable and effective off-grid mobile power solutions is rapidly increasing as more and more people spend time outdoors using a vehicle or boat as the base, says Dometic. The acquisition of Büttner Elektronik broadens Dometic’s offering and distribution network of mobile power solutions for the European outdoor market.
Juan Vargues, president and CEO of Dometic, says: “I am pleased to welcome Büttner Elektronik and its employees to Dometic. With Büttner Elektronik we are strengthening our product offering and distribution network in the fast-growing area of mobile power solutions for the outdoor lifestyle. Our strategy for profitable expansion in mobile living is built on a combination of organic and acquisitive growth. This is our sixth announced acquisition this year and our pipeline of potential further acquisitions remains strong.”
Büttner’s products are primarily sold in Germany and approximately 75 per cent of net sales is in service and aftermarket. Last year’s net sales were approximately EUR 13 million. The company is privately owned, has 17 employees and is headquartered in Neuenkirchen, Germany.
