Closing acquisition of SVS-Vistek by TKH

Following the press release of 31 July 2019, TKH Group NV (“TKH“) announces the closing of the acquisition of SVS-Vistek GmbH ("SVS-Vistek"), a vision technology company providing innovative high-end technologies for imaging systems, located in Seefeld (Germany).

TKH has acquired 100% of the shares of SVS-Vistek. With 60 employees, SVS-Vistek realises an annual turnover of about € 20 million.

The activities will strengthen TKH’s sub-segment vision & security systems in the business segment Building Solutions. The acquisition will contribute to the earnings per share of TKH as of the closing date.