Slaughter and May advised Dometic Group AB (“Dometic”) on its acquisition of Kampa UK Ltd (“Kampa”) for a purchase price of approximately £50 million on a cash and debt free basis, together with an additional maximum earn-out element of £8.5 million based on delivery of financial targets in 2019 and 2020.
Dometic is listed on the Stockholm Stock Exchange, and is a global market leader in branded solutions for mobile living. Kampa is an innovative outdoor leisure company, based in the UK, with a focus on lightweight and inflatable awning room and tent technology.
The acquisition completed on 3 December 2018.
Contacts
Corporate: Andrew Jolly (partner), Patrick O'Higgins (associate), Tim Morrison (trainee); Pensions and Employment: Phil Linnard (partner), Eleanor Diamond (associate); Tax: Gareth Miles (partner), Thomas McGrath (associate): IP/IT: Cathy Connolly (partner), Emma Haywood (associate), Gabrielle Pereira (trainee); Competition: Anna Lyle-Smythe (partner), Jodie-Jane Tingle (associate); Real Estate: Jane Edwarde (partner), Todd Wu (associate)