TKH Group N.V.

M&A Activity • Apr 17, 2020

Press Release TKH Group N.V. (TKH)

TKH divests its system integration activities in the Netherlands

TKH Group NV ('TKH') announces that, as part of the strategic reorientation - the "Simplify & Accelerate" program - it has reached agreement of the divestment of 100% of the shares in Cruxin B.V., located in Capelle a/d IJssel (the Netherlands) and active in the field of system integration, to Croonwolter&dros, part of TBI construction and engineering group.

The turnover of Cruxin totalled € 10 million in 2019 with a workforce of 49 FTE. The transaction has taken place as of today and has no effect on the net result.

Haaksbergen, 16 April 2020

Executive Board

For further information:	J.M.A. (Alexander) van der Lof MBA,
	Chairman Executive Board and CEO
	tel: +31(0)53 5732903
	www.tkhgroup.com

Financial calendar

6 May 2020	Market Update
7 May 2020	General Meeting of Shareholders
11 May 2020	Ex-dividend
12 May 2020	Record date
15 May 2020	Dividend payable
11 August 2020	Publication interim results 2020
17 November 2020	Market Update

Profile TKH Group NV

Technology firm TKH Group NV (TKH) is focused on high-end innovative technologies in high growth markets within three business segments: Telecom, Building and Industrial Solutions. Through a combination of four core technologies within the three business segments, TKH offers superior solutions that support to increase the efficiency, safety and security of its customers. The technologies are offered together with software to create smart technologies and one-stop-shop solutions with plug-and-play integrated technologies. TKH operates on a global scale. Its growth is concentrated in Europe, North America and Asia. Employing 5,980 people, TKH achieved a turnover of € 1.5 billion in 2019.