Dometic acquires Kampa
On 3 December 2018, Dometic acquired Kampa, a UK based producer of outdoor leisure equipment focussing on lightweight and inflatable awning tent technology for GBP50m.
The company is expected to report sales of GBP 40 million and EBITDA of GBP 7 million in 2018. Aftermarket sales account for 100% of revenue.
Kampa has an asset light set up including outsourced manufacturing and a central warehouse in the Netherlands covering the distribution across Europe.
Kampa was founded in 2006 and is based in Essex, UK.
"I am pleased to welcome Kampa and its employees to Dometic. The acquisition is part of our strategy of strengthening our aftermarket position through complementary products and strong market presence. Kampa complements our product portfolio and strengthens our global offer to make Dometic even more relevant to our current and future customers, "says Juan Vargues, President and CEO of Dometic.
"We are today the market leader in inflatable awning room and tent technology in the UK, with a clear focus on easy use for our customers. In Dometic we have found an incredibly good home where we can build and accelerate our international expansion, "says Myles Salmon, Managing Director at Kampa.