Sale to Dometic Group AB

Industrial
Sale to Dometic Group AB

Summary

Baird served as the exclusive financial advisor to Atwood Mobile Products LLC on this transaction.

About

Atwood Mobile Products LLC (“Atwood” or the “Company”), a portfolio company of Insight Equity Holdings LLC (“Insight”), was recently acquired by Dometic Group AB (“Dometic”), a portfolio company of EQT Partners AB (“EQT”). Terms of the transaction were not disclosed.

Atwood is a leading designer and manufacturer of a broad range of appliance, chassis hardware, door, window, aluminum, ventilation and electronic products for recreational vehicles (“RVs”), specialty vehicles, utility vehicles, manufactured housing, marine and associated niche markets. The Company operates manufacturing facilities, distribution centers / warehouses and sales offices across the United States, Australia and China. Atwood is headquartered in Elkhart, Indiana.

Since 2002, Insight has made over 30 controlling investments in strategically viable, middle market, asset intensive companies across a wide range of industries. Insight specializes in partnering with management teams to transform companies in complex situations, including corporate divestitures, aggressive growth opportunities, take privates, restructurings and transactions from private family or public ownership. Insight is based in Southlake, Texas with an office in New York City, New York.

Dometic is an innovator and trendsetter for people enjoying a comfortable, mobile lifestyle. Dometic offers a broad range of air conditioners, refrigerators, awnings, cookers, sanitation, portable coolers, lighting, mobile power equipment, windows, doors, minibars, safes and other products sold through multiple distribution channels. Dometic is a preferred development partner and equipment supplier to RV manufacturers, boat builders, commercial and passenger vehicle manufacturers, hotels, retailers and more than 12,000 dealers and technical service companies worldwide. Dometic offers delivery from manufacturing plants and warehouses located close to its customers with a global distribution and support network servicing the aftermarket. Dometic is headquartered in Solna, Sweden.

EQT is a leading private equity group with portfolio companies in Northern and Eastern Europe, Asia and the United States with total sales of more than €25 billion and over 500,000 employees. EQT works with portfolio companies on achieving sustainable growth and market leadership. EQT is based in Stockholm, Sweden.

For additional information about this transaction, please contact:

Chris McMahon +1 (312) 609-4983
Mike Lindemann +1 (414) 298-7408
Tom Lacy +1 (414) 298-7648
Johan Beickler +49 (69) 1301 4951
Nick Sealy +44 (0) 20 7667 8370
Anthony Siu +86 (21) 618 209 80
Industrial
Sale to Dometic Group AB
Date
October 2014
Company
Atwood Mobile Products LLC
Transaction
M&A
Sectors
Industrial
Target Location
North America
Acquiror Location
Europe

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