Carlyle & OTPP-owned European Camping Group acquired Palmiers Ocean.

EUROPEAN CAMPING GROUP, the European leader in the mobile-home holidays sector, acquired the renowned mobile home holiday specialist tour operator PALMIERS OCÉAN, based in La-Roche-Sur-Yon in Vendée. PALMIERS OCÉAN, an established brand for over 20 years, generated revenues of €12.5m in 2018. EUROPEAN CAMPING GROUP CEO Alain CALMÉ and CFO Philippe de TRÉMIOLLES said: “PALMIERS OCÉAN strengthens our offer in France, particularly among works councils. We intend to maintain the PALMIERS OCÉAN brand name, which is recognised by its clients, and support the group’s development through access to our international network and our internet expertise”