Argos Wityu has entered into exclusive negotiations with the Sage Group

Argos Wityu has entered into exclusive negotiations with the Sage Group

Argos Wityu has entered into exclusive negotiations with the Sage Group green_squares


Paris, 19th February 2013 – Argos Wityu has entered into exclusive negotiations with the Sage Group concerning the acquisition of 4 subsidiaries : C&I, ATL and SPC in France and Aytos in Spain.

The four businesses, which are no longer part of the seller’s core strategy, develop and sell software products with focus on specific vertical markets including social housing, local public authorities, real-estate, car retail, transportation, logistics and food industry.

The purpose of the transaction contemplated in Argos Wityu’s offer, supported by the management teams of the companies, is to accelerate the growth of the four companies in their respective markets, both organically and through acquisitions.

 

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