Market Overview

TRIGO Deepens its Expansion into the USA by Acquiring Lumbee Enterprises

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TRIGO has acquired 100% of the capital of Lumbee Enterprises based in
Greer, SC. This acquisition allows TRIGO to deepen its expansion into
the USA within the automotive industry. Lumbee began providing supply
chain and logistics services over 25 years ago and it's TRIGO's intent
to leverage Lumbee's proven expertise to further expand its business.
Lumbee is best known for its expertise in Quality Manufacturing,
Sorting, Inspection and Sub-Assembly Operations, specializing in
providing best-in-class inspection and rework services to keep OEM
assembly lines running seamlessly and without interruption.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180723005040/en/

Co-founded by Colby Griffin in 2001, LUMBEE Enterprises of South
Carolina has focused on providing quality management services to shorten
supply chain interruptions through the innovative use of technology and
processes. "This acquisition is a great opportunity for Lumbee
customers and employees to continue this quest with TRIGO as our partner
",
said Mr. Griffin who will continue to stay involved as a shareholder.

With an impressive list of customers, technology-driven processes and
highly skilled workforce, the acquisition of Lumbee by TRIGO Group is
highly anticipated. TRIGO's acquisition strategy aims at expanding its
geographic reach and service portfolio to provide world class solutions
which address its customers supply chain challenges. This is the first
acquisition for TRIGO in 2018 and the fifth one since private equity
ARDIAN began backing TRIGO in 2016.

"I am happy to welcome a new team of talented professionals into
TRIGO. Lumbee's superior attention to customer satisfaction, its proven
capabilities and superior technological advancements, coupled with its
entrepreneurial culture, are a perfect fit for TRIGO and are certain to
provide long-term benefits for our customers
", said Matthieu
Rambaud, – CEO, TRIGO Group. Since their investment in Lumbee in 2008,
Kevin Coughlin, Managing Partner of Coughlin Capital went further to say
that TRIGO's development strategy further supports the continued growth
of LUMBEE by strengthening its position in the future and providing
added benefits to their customers and employees. Coughlin Capital will
also stay involved as a shareholder of the combined group.

About Lumbee

With over 25 years leading the manufacturing sorting, inspection, and
subassembly operations industry, Lumbee has a proven record of providing
unrivaled value and best-in-class services. We inspect or rework more
than 20 million parts a year for numerous OEMs and their suppliers.

http://www.lumbeena.com

About TRIGO Group

Founded in 1997, TRIGO is a multinational company providing operational
Quality Management solutions for the manufacturing sector, especially
within the automotive and aerospace industries. With a team of several
thousand professionals present in 20+ countries across 4 continents,
TRIGO offers a comprehensive portfolio of quality assurance services
ranging from inspection to expert auditing, consulting and training.

For more information, please visit www.trigo-group.com.

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