TRIGANO (EPA:TRI) - Acquisition of three groups of leisure vehicle distributors in France
Transparency directive : regulatory news
16/03/2021 07:30
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Paris, 16 March 2021Acquisition of three groups of leisure vehicle distributors in France
Trigano entered into exclusive negotiations for the acquisition of 70% of the
capital and voting rights of the groups CLC, SLC and Loisiréo. With 44
motorhome and caravan sales outlets in France, the CLC, SLC and Loisiréo
groups employ around 800 people and achieved together a turnover of around EUR
400 million in 2020, all three generate profits.
Taking into account the level of Trigano's sales to these distributors, the
contribution of consolidated sales resulting from these acquisitions is
expected to stand at roughly EUR 350 million. The managers of the CLC, SLC and
Loisiréo would continue to lead and to develop their respective groups.
This transaction is fully in line with Trigano's development strategy through
external growth. It would allow Trigano to continue its investment in the
distribution of leisure vehicles in Europe and complete its customer service
offering.
2020/2021 Second Quarter Sales will be released on 22 March 2021 after market
closure
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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