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Thursday 27 August 2020

Acquisition of GIMEG

Acquisition of GIMEG

Trigano announces that it has acquired 60% of the capital of GIMEG Holding B.V. (GIMEG) on 27 August 2020. The remaining 40% is retained by the GIMEG management team and may be acquired by Trigano in the coming years.

Based in the Netherlands, GIMEG is a leading wholesale distributor of accessories for recreational vehicles, camping equipment and gas-fired leisure equipment. With strong own brands (GIMEG, Mestic, Travellife, Livin'flame and Cosi), the company offers a diverse range of around 9,200 references. It relies on a network of 1,400 customers, made up of distributors of leisure vehicles, wholesalers and retailers of leisure and DIY items. GIMEG employs 50 people, is profitable and achieved a turnover of 35 million euros in 2019.

This acquisition will allow Trigano to consolidate its leadership in the distribution of accessories for leisure vehicles in Europe and should generate many synergies. It is part of Trigano's development strategy through external growth in the fields of leisure vehicles, accessories for leisure vehicles and trailers.

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