Newsroom
Argos Wityu is launching an “Article 9” buyout climate fund dedicated to European SMEs, with a clear CO2 intensity reduction target of 7.5% per year, and a direct alignment of team incentive on the environmental performance.
Argos Wityu is excited to announce the launch of its new climate action strategy, which aims at leveraging its 30-year track record of transforming European SMEs by facilitating the “Grey to Green” transformation of the core economy and shaping sustainable leaders. This impact fund will be registered as “Article 9” under EU Sustainable Finance Disclosure Regulation (SFDR), the most demanding level of environmental ambition. It will set a clear target of reducing by at least 7.5% per year the intensity of portfolio companies’ greenhouse gas emissions (GHG), and align team incentives by tying 1/4 of its equity incentive to the achievement of this objective.
Coexya, a company supported by Argos Wityu, is to acquire Siris Advisory and Cloudspirit, IT consulting firms specializing in digital transformation.
This acquisition will enable Coexya to strengthen its specialist position in customer relations and more specifically in CRM, digital marketing and Enterprise Service Management – ESM – activities.
Markus Rech was appointed CEO of LoQu, one of Germany’s leading optical chains.
The LoQu Optical Group, company supported by Argos Wityu, appointed Markus Rech as CEO as of August 2022. Together with Christoph Wein, they will form the group’s management team in the future.
Promotions within Argos Wityu’s investment team
Argos Wityu, an independent European investment fund, has promoted François Becque and Mario Giannattasio to the position of Director. The investment team has a total of 32 members.
Argos Wityu has recruited two high-level professionals for its new strategy, dedicated to the deep environmental transformation of small and mid-sized European businesses.
Two high-level professionals, Sandra Lagumina and Jack Azoulay, join Argos Wityu, the leading independent European investment fund, as Senior Partners.
Sandra and Jack will actively contribute to implementing a new investment strategy aimed at deep environmental transformation for European businesses, complementing the strategy that has made Argos successful for more than three decades. This pioneering environmental impact fund, the details of which will be announced in the coming weeks, will aim at both financial and ecological performance. In this regard, it will have a quantified and measurable decarbonation target.
The Emosia group, owner of Maison Berger Paris, is acquiring My Jolie Candle, a French brand of jewellery candles, thereby further stepping up its growth and development on the home fragrances market.
Bourgtheroulde, 28 July 2022 – The Emosia Group, a company supported by Argos Wityu, is acquiring the start-up My Jolie Candle. Founded in 2014, My Jolie Candle has established itself on the home fragrances market, owing to its innovative candles with jewellery hidden inside. The two entities are highly complementary, and this acquisition will enable them to develop on this fast-growing market.
Mid-market Argos Index® 2nd quarter 2022
Paris (France) – 20 July 2022 – Argos Wityu, an independent European investment fund, and Epsilon Research, the online platform for the management of unlisted M&A transactions, today published the Mid-market Argos Index® for the second quarter of 2022. Launched in 2006, the index tracks the valuations of unlisted eurozone SMEs in which a majority stake has been taken over the previous six months.
Julhiet Sterwen, a company supported by Argos Wityu, has adopted the status of “Mission-driven company”
Julhiet Sterwen, leader in strategy consulting, transformation and innovation, has adopted the status of “mission-driven company” (“entreprise à mission”). In so doing, the firm has aligned its status with its longstanding determination to systematically act as a positive force, in accordance with its “Consulting for Good” commitment.
