The group headed by the Priod family accelerates its development by taking over the group Fiolet, distributor Opel and Kia. It not only opens a new geographical map but also adds nearly 3,500 VN to its offer …
The Priod group no longer stops. Indeed, after having Etablissements Le Gallou, Fiat distributor, Alfa Romeo and Kia in Corbeil Essonnes (91) last April, and the Citroën dealership of Paray-Vieille Poste (91) to Philippe Vielcanet a few months earlier, the Ile-de-France operator opens a new geographical map.
According to the French Competition Authority, the Priod group has notified its intention to acquire “all the shares of AREA AUTO belonging to the Fiolet family, which company owns subsidiaries that operate car dealerships under manufacturer panels. Opel and Kia and carry out repair and auto bodywork activities “. According to the site, this transaction was “formalized by a share sale with conditions precedent of April 10, 2018”.
This operation will considerably change the scope of the Priod group. Indeed, the takeover of the group Fiolet, present through 6 sites in the north (Englos, Dunkirk, Lille, Villeneuve d’Asq, Tourcoing, Valenciennes), allows the group Priod to open a new geographical plate in the north of the La France.
In addition, it significantly increases its sales volume VN. Indeed, by taking over the group of François Fiolet, the Priod group also captures one of the best distributors Opel (2,275 VN in 2017) and Kia (1,153 VN in 2017).
Very discreet in recent years on the figures of its group, the Priod group, which also distributes the Citroën, Audi, Ford, Opel, Suzuki and Volvo brands, has marketed more than 15,000 VN and generated a turnover of 450 million euros. in 2016.