TRIGANO (EPA:TRI) - Acquisition of Adria group
Transparency directive : regulatory news
05/01/2017 08:50
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Paris, 5 January 2017
Acquisition of ADRIA Group
Trigano announces it had entered into exclusive negotiations with the
shareholders of Protej d.o.o to purchase 99,08% of the company in a view to
acquire Adria Group. Protej d.o.o is a Slovenian holding owning ACH d.d., the
mother company of Adria Group.
Established in 1965, Adria is one of the most recognisable brand names in the
European leisure vehicle market. The company manufactures and markets
motorhomes, caravans and mobile homes. The group is profitable (current
operational profitability comparable to that of Trigano's), employs around
1,500 people and achieved a turnover close to MEUR 350 in 2016.
This acquisition shall generate significant synergies (purchasing, industrial
and commercial). It is part of TRIGANO's strategy of development through
external growth in the fields of leisure vehicles, accessories for leisure
vehicles and trailers.
Financing of this acquisition will be ensured by already available credit
facilities granted by Trigano's banking pool.
contact
Laure Al Hassi
phone: +33 1 44 52 16 31
communication@trigano.fr
www.trigano.fr
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