Argos Wityu, a pan-European private equity fund has reached an agreement with Harry and Arjan Schenk to acquire a majority stake in the company that carries their name as its current shareholders. The acquisition marks Argos' first investment by Fund VIII and highlights the strong commitment Argos has towards ESG in this Fund. Harry and Arjan have selected Argos Wityu for their experience in shareholder and management transitions in long-standing family businesses, their strong focus on ESG and to support the company in densifying its network organically and via an international buy-and-build program.
Nielen Schuman acted as exclusive M&A and Debt advisor to Schenk Tanktransport.
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Over the past decade, Nielen Schuman has worked on tens of restructuring cases and successfully restructured around EUR 2 billion of debt, often for private equity held businesses. Given our independent role and expertise, we are the natural choice to intermediate between banks, shareholders and management teams. Please contact us for more information.