TTS (Transport Trade Services) S.A. (BVB : TTS) conclude a preliminary transaction agreement to acquire 99.9% stake in Decirom Sa for €21.8 million on February 17, 2023. The transaction will be financed through a combination of bank credit facilities and funds of the TTS. The transaction is subjected to antitrust approval and TTS Shareholders.

The parties will submit all due diligence and take the necessary steps to complete the transaction by June 30, 2023. On May 17, 2023, Competition Council approved the acquisition.