Torqx Capital-backed Descroes Holding to acquire Fumico.

Torqx Capital-backed Descroes Holding, a fumigation and pest control services provider, agreed to acquire Fumico, a goods treatment and fumigation services provider. Financial terms were not disclosed. ”We are highly enthusiastic in joining forces with Descroes and building a European leader in our niche industry segment. We aim to be at the forefront of our industry, combining all the capabilities and know-how in the group to continuously innovate and develop new technologies, processes and services to enhance our offering to our customers. Together, we have set ambitious growth targets for both Descroes and Fumico, and will pursue further add-on acquisitions to expand our European footprint," Johan van Meijel and José van Uffelen, Fumico Owners.