Brief: Trigano To Acquire CLC, SLC And Loisireo

Trigano SA

14/12/2021 18:17

Dec 14 (Reuters) - Trigano SA  TRIA.PA :
    * ACQUISITION OF THREE GROUPS OF RECREATIONAL VEHICLE
DISTRIBUTORS
IN FRANCE
    * THE LEADERS OF THE CLC, SLC AND LOISIRÉO GROUPS WILL
CONTINUE TO
ENSURE THE DIRECTION AND DEVELOPMENT OF THEIR RESPECTIVE GROUPS
    * HAS OBTAINED THE AUTHORIZATION OF THE FRENCH COMPETITION
AUTHORITY FOR THE ACQUISITION OF 70% OF THE CAPITAL AND VOTING
RIGHTS OF THE CLC, SLC AND LOISIRÉO GROUPS, SUBJECT TO
CONDITIONS
    * TAKING INTO ACCOUNT THE LEVEL OF TRIGANO'S SALES TO THESE
DISTRIBUTORS, THE CONTRIBUTION OF CONSOLIDATED TURNOVER
RESULTING FROM THESE ACQUISITIONS WILL BE OF THE ORDER OF € 350
MILLION
    * TRIGANO UNDERTAKES TO DIVEST TWO CONCESSIONS IN ORDER TO
RESOLVE
IDENTIFIED COMPETITION CONCERNS, THESE DIVESTMENTS REPRESENT
LESS THAN 5% OF THE WHOLE ACTIVITY OF THE THREE DISTRIBUTION
GROUPS

Source text for Eikon:  ID:nNDL1VZwZ 
Further company coverage:  TRIA.PA 

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