Gimeg was sold to Trigano
Gimeg, a leading wholesaler in the camping and leisure market, has sold a majority stake to publicly traded Trigano from France. The acquisition by Trigano allows Gimeg to further strengthen its market position in Europe. PhiDelphi has advised the owners of Gimeg on the transaction.
Frank Gijsberts, CEO and co-owner of Gimeg, about the partnership with Trigano: “I am very proud of the team that has worked very hard over the past years to make Gimeg a success. I see a lot of opportunities coming in our direction which we want to seize. A strong partner such as Trigano will accelerate and further professionalize our company. I look forward to working together with both Trigano and our employees in the coming years to give direction to this growth“.
Norbert Diederik, co-owner of Gimeg, about the cooperation with PhiDelphi: “I am very happy that we have chosen PhiDelphi as our partner for this sales process. Extremely professional and very accessible. Really great!”
Gimeg (www.gimeg.nl) is a leading importer and wholesaler in the camping and leisure market as well as the indoor and outdoor fireplaces market. With Mestic and Travellife, Gimeg has strong own brands in the camping and leisure market. Furthermore, with Livin’flame, Livin’outdoor and Cosi, Gimeg has strong own brands in the indoor and outdoor fireplaces market. In addition to its own brands, Gimeg has several exclusive brands such as Truma, Westfield, Milenco and wholesale brands in its portfolio. With these, a complete product range is offered to camping specialist shops, DIY chains, garden centres and online retailers. Over the last few years, Gimeg has been able to realise substantial turnover growth in the Benelux and other countries. For the future, Gimeg expects to achieve further international sales growth by focusing on its strong own brands. Gimeg employs 50 employees.
Trigano (www.trigano.com) is the largest producer of camping products and accessories in France. Based in Paris and operating all over Europe, the company, listed on Euronext Paris since 1998, currently has a market cap of more than EUR 2 billion. In 2018-2019, Trigano realised a turnover of EUR 2.3 billion with a profit of EUR 83 million. The company has more than 8,700 employees.