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TKH divests majority of industrial connectivity activities to Torqx

TKH Group has reached agreement with Torqx Capital Partners on the sale of a majority of the industrial connectivity activities. The transaction consists of the sale of the following companies: Jobarco B.V., Pantaflex B.V., Capable B.V., TKD Kabel GmbH, Schade Kabel & Elektrotechnik GmbH, TKH Kabeltechniek SP z.o.o. and KC Industrie Srl. The activities will be continued under the name Cable Connectivity Group. Rembrandt Mergers & Acquisitions acted as exclusive financial advisor to the seller.

TKH Group
TKH is an internationally operating group of enterprises which has specialised in creating and delivering four key technologies: vision & security, communication, connectivity and production systems. These technologies come together in three business segments: telecom solutions, building solutions and industrial solutions. This combination of technologies offers TKH solutions to increase efficiency and security of their customers. Together with the software, ‘one-stop-shop’ solutions can be offered.

More information is available at: www.tkhgroup.com.

Torqx Capital Partners
Torqx is a Dutch private equity firm focussing on Dutch midmarket companies.

More information is available at: www.torqx.com.

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