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Announced

Trigano to acquire Bio Habitat from Groupe Beneteau.

Synopsis

Trigano, a motor home company, agreed to acquire Bio Habitat, a mobile home maker, from Groupe Beneteau, a construction services firm. Financial terms were not disclosed. "We are very proud of what the Housing division teams have accomplished since it was created in 1994. By linking up with Trigano, the Housing business would fully benefit from the opportunities for development opened up for it by the ecosystem of a major European player for leisure equipment and vehicles. The Housing division would become one of its main growth drivers. For Groupe Beneteau, this proposed sale would mark a major step forward. It would enable it to focus its development, innovations and continued pursuit of excellence on the boat market, while moving forward with its mission, 'Bringing Dreams to Water': facilitating access to the world of boating for as many people as possible, by creating simple, innovative and sustainable solutions for life," Bruno Thivoyon, Beneteau CEO.

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