January 5, 2017 / 7:57 AM / 9 months ago

BRIEF-French caravans and leisure company Trigano buys Adria Group

Jan 5 (Reuters) - Trigano :

* Entered into exclusive negotiations with the shareholders of Protej to purchase 99,08% of the company in a view to acquire Adria Group

* Adria is profitable, employs around 1,500 people and achieved a turnover close to 350 million euros ($369 million) in 2016, says Trigano.

* Acquisition shall generate significant synergies

* Part of Trigano’s strategy of development through external growth in the fields of leisure vehicles, accessories for leisure vehicles and trailers.

Further company coverage: ($1 = 0.9480 euros)

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