Trigano announces the acquisition of 85% of the capital of the Protej d.o.o company, owner of Adria Group. The remaining 15% will be retained by the management staff of Adria and may be acquired by Trigano in the next few years.
Introduced in 1965, Adria is a uniformly established brand on the overall European market of leisure vehicles. The company designs and manufactures motorhomes, caravans and static caravans in Slovenia. The group is profitable (current operating profit similar to Trigano), employs around 1,700 people and achieved a turnover of M€ 355 in 2016.
This acquisition shall generate strong 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 is ensured by specific credit facilities granted by Trigano's banking pool.
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Laure Al Hassi
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Euronext Paris B - CAC All-Tradable - SRD - CAC Mid & Small - ISIN FR0005691656 - REUTERS : TRIA.PA - BLOOMBERG : TRI.FR
Trigano SA published this content on 22 September 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 September 2017 15:49:06 UTC.
Trigano specializes in the design, manufacturing, and marketing of leisure vehicles and equipment. Net sales break down by family of products and services as follows:
- leisure vehicles (94.5%): motor-homes (78.2% of net sales; Europe's No. 1 automaker; 48,400 vehicles sold in 2022/23; Trigano, Challenger, Autostar, Arca, Chausson, Roller Team, Eura-Mobil, Karmann-Mobil brands, etc.), caravans (7.9%; 14,300 units; Sterckeman and Caravelair), mobile-homes (3.6%; 4,500 units; Résidences Trigano) and other (1.8%). The group also offers vehicle equipment (8.5%; refrigerators, kitchen appliances, screen porches, etc.; Camping-Profi, Euro Accessoires, Clairval, etc.) as well as leasing and financing services;
- leisure equipment (5.5%): primarily trailers (112,100 trailers sold in 2022/23; Erca, Sorel, Trelgo brands, etc.), garden equipment (swings, garden sheds, swimming pools; Abak, Amca, Yardmaster), and campsite equipment (tents, caravan awnings; Jamet, Plisson, etc.).
Net sales are distributed geographically as follows: France (32.6%), Germany (24%), the United Kingdom (10.7%), Italy (6.5%), Belgium (4.6%), Spain (4.2%), the Netherlands (3.6%), Sweden (3.1%), Switzerland (1.5%), Denmark (1.3%), Norway (1.1%) and other (6.8%).
TRIGANO 
