5 May 2023
Deals | France | M&A
Groupe Beneteau announced on May 5 that it has entered into exclusive negotiations with the Groupe Trigano, a European market leader for leisure vehicles, concerning the sale of its Housing business, specialized in manufacturing leisure homes for the camping tourism sector in particular.
The operation would be based on taking over full control of its subsidiary BIO HABITAT, including the O'HARA, IRM and COCO SWEET brands, as well as all of its employees in France and Italy, and its current leadership team. It remains subject to the procedures for informing and consulting with the employee representative bodies and obtaining approval from the competition authorities.
The Gide team was led by partners Olivier Diaz and Charles de Reals, associates Corentin Charlès and Rosalie Schwarz for the M&A aspects; partner Franck Audran, counsel Elizabeth Gautier and associate Martin Roger for the antitrust aspects; partner Magali Buchert, associates Charles Ghuysen and Gauthier Plattelet for the tax aspects; and partner Foulques de Rostolan, associates Pauline Manet and Gheorghe Big for the employment law aspects.
Groupe Trigano was advised by August Debouzy.