by Tom Leaning
Trigano, the French-based motorhome giant, has commenced negotiations to acquire the Slovenian camper van and caravan manufacturer Adria Group, as part of its continuing strategy for external growth in the leisure vehicle and trailers market.
Trigano entered into exclusive negotiations to purchase 99.08 per cent of the capital of Slovenian holding company Protej d.o.o., the owner of Adria’s parent ACH, according to a recent statement from the French manufacturer.
“Financing of this acquisition will be ensured by already available credit facilities granted by Trigano’s banking pool,” Trigano said.
Adria manufactures and markets motorhomes, caravans and mobile homes. Its current operational profitability is comparable to that of Trigano, the French company said.
Adria employs around 1,500 people and achieved a turnover close to 350 million euros (£303.4 million) in 2016.
