Seven2 completed the acquisition of Fulgard from Argos Wityu.

Seven2, a European private equity firm, completed the acquisition of Fulgard, a player in the Italian workplace safety market, from Argos Wityu, an independent pan-European investment group. Financial terms were not disclosed. “We are excited to welcome Fulgard into the Seven2 family, reinforcing Seven2 presence in Italy. Fulgard strong market positioning, combined with our expertise in fostering growth and operational excellence, makes this an ideal partnership. We have built a solid expertise in the safety and security services sector across Europe having already supported market leaders in the Benelux. We are confident that Fulgard will continue to grow, not only as a market leader but also as a key consolidator on its market," Vincent Colomb, Seven2 Partner.