Dometic has acquired Büttner Elektronik to enhance its portfolio of mobile power solutions in the European outdoor market.
Description of Büttner Elektronik
Büttner Elektronik is a Germany-based provider specializing in high-end mobile power products, particularly solar power solutions, batteries, and battery chargers. The firm caters to various verticals within the outdoor industry, primarily serving customers in Germany. A notable aspect of Büttner Elektronik's operations is its robust Service and Aftermarket segment, which constitutes approximately 75% of its net sales. In 2020, the company achieved net sales of around EUR 13 million, reflecting a strong operating margin and notable organic sales growth.
Headquartered in Neuenkirchen, Germany, Büttner Elektronik is a privately held company with a modest workforce of 17 employees. Its reputation for quality and service has solidified its position in the mobile power solutions market, making it a valuable asset for strategic acquirers.
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Industry Overview in Germany
The mobile power solutions industry in Germany has experienced significant growth in recent years. As outdoor activities gain popularity, more consumers are seeking reliable power sources to
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Dometic
invested in
Büttner Elektronik GmbH
in
in a Buy & Build / Roll-Up deal
Disclosed details
Revenue: $14M