Trigano had entered into exclusive negotiations with the shareholders of Protej d.o.o to purchase 99,08% of the company in a view to acquire Adria Group. Protej d.o.o is a Slovenian holding owning ACH d.d., the mother company of Adria Group.
This acquisition shall generate significant 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 will be ensured by already available credit facilities granted by Trigano’s banking pool.
Established in 1965, Adria is one of the most recognisable brand names in the European leisure vehicle market. The company manufactures and markets motorhomes, caravans and mobile homes. The group is profitable (current operational profitability comparable to that of Trigano’s), employs around 1,500 people and achieved a turnover close to M€ 350 in 2016.
Founded in 1935, Trigano SA is a listed France-based company that specializes in the design, manufacturing and marketing of recreational vehicles and equipment. The Company operates through numerous subsidiaries, mainly in Europe. Trigano SA has over 5,000 employees and achieved a revenue of €bn 1.3 in 2016.