Motorhome accessories and parts manufacturer and supplier, Dometic, acquires Kampa for £50m
Motorhome parts and accessories manufacturer and supplier, Dometic, has acquired Kampa, the UK-based outdoor leisure company and retailer, for £50m to broaden its retail and aftermarket presence here.
Kampa specialises in innovative lightweight and inflatable awnings, outdoor rooms and tents.
Dometic said the acquisition will strengthen and expand its position in the retail and aftermarket areas through new products, a broader distribution network and strong market presence
Kampa, which is based in Essex and has a distribution warehouse in The Netherlands, is expected to report sales of £40 million in 2018.
Such acquisitions and expansion has been a strategic priority for Dometic, as it offers attractive market dynamics, strong earnings potential and good opportunities for further expansion.
Kampa fulfills all those prerequisites.
"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," said Juan Vargues, President and CEO of Dometic.
Myles Salmon, Managing Director at Kampa, added: "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.”
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