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Announced

Completed

Total Webhosting Solutions completed the acquisition of Argeweb.

Synopsis

Total Webhosting Solutions, a webhosting and cloud services provider, completed the acquisition of Argeweb, a web hosting company in Maassluis, Netherlands. Financial terms were not disclosed. "I am happy with the opportunity that TWS offers Argeweb, as a company and for me personally. With TWS as a partner, we can continue to guarantee our premium service in the future, and we will continue to invest in new and relevant services for our customers. We also expect that applying the learnings and experiences from other TWS sister companies will accelerate our organic growth in the coming years. Furthermore, we have gained a lot of operational knowledge and experience regarding technical migrations in recent years, which we are happy to use to do our own acquisitions in this rapidly consolidating market," Koen van Deudekom, Argeweb CEO.

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