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Trigano — M&A Activity 2023
May 5, 2023
1717_iss_2023-05-05_8de404a4-b3c5-4b0f-907a-7b9017d1d73c.pdf
M&A Activity
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Paris, 5 th May 2023
Acquisition of BIO Habitat
Trigano entered into exclusive negotiations with Bénéteau Group for the acquisition of BIO Habitat and its subsidiary BIO Habitat Italia.
With its brands O'hara, IRM and Coco Sweet, Bénéteau's Housing division is a major player in the construction of mobile home accommodation for the outdoor hospitality sector in Europe. It employs 900 people at seven production sites in France and Italy and achieved a turnover of €257.2 M in 2022.
This acquisition is part of Trigano's strategy of development in this dynamic segment of the leisure vehicles and equipment market. It would generate synergies, particularly in purchasing, logistics and manufacturing methods.
The completion of this acquisition could occur by the end of 2023. It remains subject to information and consultation procedures with BIO Habitat's employee representative bodies as well as to obtaining the approval of the French Competition Authority.
2022/2023 Half-Year Results will be disclosed on 17th May 2023
contact Laure Al Hassi phone. :+33 1 44 52 16 31 [email protected]
Euronext Paris A - CAC All-Tradable - SRD - CAC Mid 60 - ISIN FR0005691656 - REUTERS : TRIA.PA - BLOOMBERG : TRI:FP