Dometic

Net sales of $692.4 million were a 37 percent increase, and operating profit was at a 14 percent margin.

In its first quarter as a separate segment, the marine unit reported net sales of $150 million.

The transaction adds the CDI Electronics and Balmar brands to Dometic’s portfolio.

The $677 million deal significantly bolsters Dometic’s outdoor market offerings in North America.

The Sweden-based mobile living and marine manufacturer aims to halve its carbon emissions by 2030.

The Sweden-based company has added stateside manufacturer Zamp Solar to its holdings.

The company promotes a 20-plus-year employee and adds a vice president of aftermarket sales and e-commerce.

The company saw a 16 percent increase in net sales and 22 percent growth in the marine segment.

The new design allows boaters to trim the outboard and adjust the jack plate without removing their hands from the wheel.

The Dometic Group is focused on innovative products and acquisitions in the marine and RV segments.

Electric Power Assist is designed for smaller single-outboard boats from 90 to 200 hp.

The boat manufacturer will use the accessory company’s digital switching.

Eric Fetchko, president of Dometic Marine Americas, assumes responsibility for the company’s world marine operations.

The 4 percent decline in revenues comes as it restructures operations in Europe, China and North America.

The company says 20 locations and 1,500 workers will be impacted.

Parent company Dometic announced the rebranding, along with several product debuts.