Yacht manufacturer Beneteau has announced that it has entered into exclusive negotiations with Trigano for the sale of its habitat business, which specializes in the manufacture of mobile homes, particularly for the outdoor hotel sector.

The transaction would involve the takeover of its entire BIO Habitat subsidiary, including the O'hara, IRM and Coco Sweet brands, as well as all its employees in France and Italy, and its current management team.

This proposed sale marks Beneteau's determination to focus its development on its historic core business. Its completion, subject in particular to the approval of competition authorities, could take place by the end of the 2023 fiscal year.

Copyright (c) 2023 CercleFinance.com. All rights reserved.