TRIGANO (EPA:TRI) - Acquisition of GIMEG
Transparency directive : regulatory news
27/08/2020 17:35
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Paris, 27 August 2020Acquisition of GIMEG
Trigano announces that it has acquired 60% of the capital of GIMEG Holding B.V.
(GIMEG) on 27 August 2020. The remaining 40% is retained by the GIMEG
management team and may be acquired by Trigano in the coming years.
Based in the Netherlands, GIMEG is a leading wholesale distributor of
accessories for recreational vehicles, camping equipment and gas-fired leisure
equipment. With strong own brands (GIMEG, Mestic, Travellife, Livin'flame and
Cosi), the company offers a diverse range of around 9,200 references. It relies
on a network of 1,400 customers, made up of distributors of leisure vehicles,
wholesalers and retailers of leisure and DIY items. GIMEG employs 50 people, is
profitable and achieved a turnover of 35 million euros in 2019.
This acquisition will allow Trigano to consolidate its leadership in the
distribution of accessories for leisure vehicles in Europe and should generate
many synergies. It is part of Trigano's development strategy through external
growth in the fields of leisure vehicles, accessories for leisure vehicles and
trailers.
2019/2020 annual Sales should be published on 23 September 2020
IR Contact Laure Al Hassi
phone. : +33 1 44 52 16 31
communication@trigano.fr
Euronext Paris A - CAC All-Tradable - SRD - CAC Mid 60 - ISIN FR0005691656 -
REUTERS : TRIA.PA - BLOOMBERG : TRI:FP
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