Announced
Financials
Tags
Private Equity
Pending
Friendly
Private
Acquisition
Netherlands
industrial maintenance
Maintenance Repair and Overhaul (MRO)
Cross Border
Single Bidder
Majority
Synopsis
Argos Wityu, an independent European private equity group, agreed to acquire a majority stake in IJssel Technologie, a Dutch industrial maintenance services provider, from Wadinko, a private equity firm. Financial terms were not disclosed. "Argos Wityu is proud to have been chosen by the historical shareholders of IJssel and glad to build this new partnership with this very successful Dutch company. We will strive to preserve the group’s DNA, develop its market-leader identity and structure its growth," Richard Reis, Argos Wityu Partner.
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