Dometic Acquires Büttner Elektronik
The acquisition to further establish Dometic in the growing market of mobile power solutions.
Dometic has acquired Büttner Elektronik, a Germany-based provider of mobile power solutions for the outdoor market, RVBusiness reports. According to a press release, the acquisition of Büttner Elektronik strengthens Dometic’s offering of mobile power products, including solar power solutions, for the European outdoor market.
“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
Expansion for mobile power solutions is a strategic priority for Dometic. 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. The acquisition of Büttner Elektronik broadens Dometic’s offering and distribution network of mobile power solutions for the European outdoor market.
Büttner Elektronik is based in Germany and provides high-end mobile power products. They offer solar power solutions, batteries, and battery chargers–and they maintain a presence in the outdoor market. The products are primarily sold in Germany and approximately 75% of net sales is in Service and Aftermarket. Büttner Elektronik’s 2020 net sales were approximately EUR 13 million ($15.4 million US) with a good operating margin.