On April 22, 2021, Dometic entered into an agreement to acquire Valterra Products, a leading North American provider of service and aftermarket products to the RV and CPV industries, including solar power solutions.
SUMMARY
The acquisition of Valterra broadens Dometic's position in Service and Aftermarket through new products, a broader distribution network and strengthened market presence
The acquisition also significantly increases Dometic’s presence in the fast-growing market for mobile solar power solutions through the brand Go Power!
In 2020, Valterra’s sales were approximately USD 94 million with a good operating margin and an organic sales growth of 12%.
The transaction is expected to be accretive to Dometic’s EPS from start. The transaction price is not disclosed.