Catalogue On the Move 2008
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^1 CORPORATE PROFILE
www.waeco.com
Double gains for free time enthusiasts
A highly competent partner and an offering at world class level
Welcome to a new era for WAECO. To put it plainly, that's the outcome of a happy union for WAECO customers and dealers. Everything the WAECO brand has stood for so far will remain the same: innovative products, many of them based on unique technology, a high quality standard, and a great price/performance ratio. The well-established brand names will be retained, and the familiar packaging design. Additionally, customers and trading partners will
benefit from the powerful impact of the new Dometic GROUP, its joint workforce of 6000 people and its presence in 100 countries worldwide. From now on you will have direct access to the combined know-how of two market leaders - to their networked product development and manufacturing resources, and to a seamless range of top products for the RV and marine markets.
03 Dometic
GROUP
WAECO on board the Dometic GROUP
Year 2006 saw WAECO score the best annual result in its corporate history. On the 1st of March 2007 the company became part of the Swedish-based Dometic GROUP. The merger strengthened Dometic's position as a global player in the leisure market, an industry traditionally dominated by medium-sized enterprises.
WAECO's former managing partners decided to sell all shares in WAECO companies worldwide in order to clear the hurdles of management succession and generation change and, thus, ensure the company's continuity in the long run. Dometic, with perfectly complementary products,
business segments and geographical markets, was the ideal industry partner in this endeavour.
Things look very similar from Dometic's perspective: "The key rationale behind the acquisition is to continue and extend our product range and growth and to create a company that on a global level can be a full range supplier of comfort products to all types of vehicles and boats," says Lars Johansson, President and CEO of Dometic.
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