The Q2 2025 edition of our SektorReport Mobility focuses on a market segment that has undergone a remarkable cycle in recent years: the caravan and motorhome industry in the DACH region.

Once hailed as a pandemic winner, the market experienced significant growth during the COVID-19 years. Manufacturers and rental companies enjoyed a period of exceptional demand, leading to large-scale investments in production capacity and the entry of new brands. Since 2023, however, the sector has faced increasing challenges in the form of structural overcapacity, weakening demand, and a wave of consolidation.

Profound changes are particularly evident in the German SME segment. Insolvencies highlight the tight liquidity situation faced by many smaller players. At the same time, these developments present attractive opportunities for strategic buyers and investors seeking to acquire digital assets, technical know-how, and market share in a maturing sector. 

In this context, our Sector Insight outlines the three key phases of recent market evolution – from the pandemic-driven boom to saturation and the current downturn – and analyses the resulting M&A opportunities. 

In our Deal Report, we also cover the acquisition of the insolvent motorhome rental company Camper Boys GmbH by FreeVenture GmbH. This transaction exemplifies the current trend toward distressed M&A and illustrates how strategic players in the SME segment are actively seizing opportunities to reposition themselves amid increasing competitive pressure.”

Our SektorReports are available in German language. If you have further questions regarding this topic, feel free to get in touch.