Unquote

GERMANY - Argantis acquires majority of W.I.S. in MBO

  • Mareen Goebel
  • LinkedIn  
  • Google plus  

Argantis has, together with the management, acquired the majority of the shares of W.I.S. Holding GmbH & Co. KG for an undisclosed sum. The former shareholders retain an interest in the company.

Cologne-based W.I.S. is ranked fourth in Germany’s security sector and has more than 4,000 employees at 27 sites throughout Germany. The company is involved in operating areas, which include security consulting and security-related services and technology as well as staff and cleaning services. In 2008, it expects a turnover of approximately EUR 117m.
  • LinkedIn  
  • Google plus  

More on Buyouts

Latest News