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Trigano — M&A Activity 2017
Jan 3, 2017
1717_iss_2017-01-03_9493797a-869e-4ccb-824d-b00cbb018d6a.pdf
M&A Activity
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Paris, 3 January 2017
Acquisition of Auto-Sleepers Investments Ltd
Trigano announces the acquisition of the company Auto-Sleepers Investments Ltd (ASI), manufacturer and dealer of leisure vehicles in the United-Kingdom. Since the acquisition of SEA, TRIGANO was a minority shareholder of the company.
The two managers of ASI remain in office.
Established in 1961, the company has developed the manufacturing of motorhomes sold under the brand Auto-Sleepers, which hence is one of the oldest European brands. ASI is also active for several years in the distribution of motorhomes and caravans, which, under the brand Marquis, became the UK's leading recreational vehicle sales network. Auto-Sleepers employs 386 people and achieved a turnover of M£ 121 in 2016.
This acquisition will allow TRIGANO to consolidate its presence in the UK motorhome market and shall generate many 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.
LISTED NYSE EURONEXT SM TRI contact Laure Al Hassi phone: +33 1 44 52 16 31 [email protected]
www.trigano.fr
Euronext Paris B - CAC All-Tradable - SRD - CAC Mid & Small - ISIN FR0005691656 - REUTERS : TRIA.PA - BLOOMBERG : TRI.FR