Closing of divestment EKB

TKH Group N.V. (“TKH”) announces the closing of the divestment of EKB Groep BV (“EKB”) to Eiffage Énergie Systèmes, the Eiffage Group’s energy systems business, which was announced on July 16, 2024.

EKB holds a strong position in both panel building and industrial automation in the process and manufacturing industries. In 2023, the turnover of EKB, part of TKH’s Smart Manufacturing segment, totaled €35.5 million with an EBITA of €2.6 million and 199 FTE. The divestment of EKB will result in a one-off net profit contribution of about €11 million for TKH.

Haaksbergen, August 16, 2024