Argos Wityu agreed to acquire acquired Tkh France Sas from TKH Group N.V. (ENXTAM:TWEKA) on May 31, 2023. TKH France had a turnover of ?129.3 million, and EBITDA of ?19.6 million in 2022. The transaction is expected to close in Q3 2023, subject to the customary employee information and consultation procedures in France as well as necessary regulatory antitrust filings.

Emmanuel Picard and Fany Krieger of Ernst & Young Atlantique acted as Financial Due Diligence provider. Olivia Guillaume, Dominique Lecendreux, Serge Palleau, Philippe Rapin, and Edouard Verroust of Lincoln International SAS acted as Financial Advisor to TKH Group N.V. (ENXTAM:TWEKA). Julien Aucomte, and Laure Bonin of August Debouzy acted as legal advisor to Argos Wityu.

Yam Atallah, Antoine Fouassier of Franklin & Associés acted as legal advisor to TKH Group N.V.