Argos Wityu has reached an agreement with Messrs Schenk to come on board as majority shareholder of the Schenk Group, a Dutch based logistic services provider for the transport of gases and liquids. Messrs Schenk will retain a significant stake in the company and will continue in their roles as co-CEO to ensure continuity until a suitable successor has been identified.

Our deal team - consisting of Harmen Holtrop, Rob Schrooten, Roos van den Berg, Louis Lutz, Sandrine Lekkerkerker, Freek Hilberdink and Erwin Bosma - advised Messrs. Schenk (i.e. the sellers). The transaction is still subject to the approval of the Dutch market authorities and the works council.