Dometic acquires Valterra Products

Leading leisure vehicle and RV accessory solutions brand Dometic has entered into an agreement to acquire Valterra Products, a leading North American provider of service and aftermarket products to the RV and CPV industries. A move designed to broaden Dometic’s presence in the service and aftermarket sectors, the acquisition will also significantly increase the company’s presence in the fast-growing mobile solar power solutions sector through Valterra’s Go Power! brand.

Juan Vargues, president and CEO of Dometic, said: “I am pleased to welcome Valterra and its employees to Dometic. The acquisition is part of our strategy of strengthening our service and aftermarket position in the growing outdoor industry. Valterra complements our product portfolio and strengthens our offer to make Dometic even more relevant to our current and future customers.”

Founded in 1981, Valterra has approximately 550 employees with offices in California, Florida and British Columbia and has its own manufacturing facility in Mexico. 2020 sales were approximately US $94 million with a good operating margin and an organic sales growth of 12 per cent.