Dometic Acquires Igloo in $667 Million Deal
September 17, 2021
In a $677 million deal announced today, Dometic — an RV appliance and electric cooler-maker — will acquire U.S.-based Igloo, the iconic manufacturer of coolers and drinkware.
This marks Dometic’s eighth acquisition in 2021, including Cadac, maker of vehicle-based barbecue products; German mobile power brand Buttner Elektronik; Zamp Solar; and, perhaps most notably, overland adventure brand Front Runner Outfitters.
According to today’s announcement, Igloo boasts $400 million in annual revenue — 92% of which is within the U.S. market. GearJunkie