ELKHART, Ind. – Dometic Corporation, leading systems supplier to the recreation vehicle and pleasure boat industry, has signed an agreement with The Taylor Made Group to purchase Taylor Made Environmental (TME). TME has manufacturing plants in Virginia, Florida and Italy, and a sales and service office in the United Kingdom. The sale should be finalized sometime in August, 2003.

TME is the leading manufacturer of air conditioning products for the marine industry marketed under the brands Marine Air, Cruisair and Condaria. Their product range also includes refrigerators under the brand name Tundra, Grunert refrigeration and Sentry battery charger systems that are sold mainly to the pleasure boat industry worldwide.

“The acquisition presents new opportunities for Dometic to strengthen our position in the pleasure boat industry,” according to Dr. Sven Stork, CEO, Dometic Group. “Along with the SeaLand acquisition in January 2002, we are able to create a more comprehensive product offering to our marine customers.”

“The acquisition will have no immediate effect on current business relations with TME. Our intent is to build upon the strengths and successes of both companies,” said Stork.

“Taylor Made Environmental builds on our presence in the marine industry,” said John Waters, president of Dometic’s North American operations. “This an excellent fit for both companies. The purchase will provide greater resources for research and design and presents growth opportunities for Dometic in the marine industry in conjunction with our SeaLand Sanitation Systems.”

Frank Marciano, president of Taylor Made Environmental, said, “While we have been proud to be members of the Taylor Made Group, we are very excited to join the Dometic organization.”

Headquartered in Gloversville, NY, The Taylor Made Group, Inc. has 94 years of experience as one of the recreational marine industry’s largest, most diversified suppliers. Other companies in The Taylor Made Group include Taylor Made Products, Taylor Made Systems, and Taylorbrite LLC. The company has 17 facilities in the United States, Canada, the Republic or Ireland, the United Kingdom, Italy, Australia and New Zealand. Employing more than 1,100 associates, its products are distributed through a worldwide distribution network.

Dometic’s international offering within the RV and pleasure boat industry includes refrigerators, air conditioners, stove tops, awnings, generators, lights, windows and doors as well as sanitation systems. TME is Dometic’s third acquisition since the separation from Electrolux was completed in January 2002. In January 2003 Dometic acquired MIKO, Germany’s leading manufacturer of lighting systems for recreation vehicles.