TDR Capital and I Squared Capital successful in bid for Applus Services S.A.
LONDON, April 30, 2024 /PRNewswire/ -- TDR Capital and I Squared Capital are pleased to announce their successful offer for the Spanish certification company, Applus Services S.A.
- LONDON, April 30, 2024 /PRNewswire/ -- TDR Capital and I Squared Capital are pleased to announce their successful offer for the Spanish certification company, Applus Services S.A.
Applus is one of the world's leading testing, inspection and certification (TIC) companies. - Applus reported revenue of €2,058 million in 2023 and employs over 26,000 people in more than 70 countries.
- The successful bidding entity, Amber Equity Company, will now enter an acceptance period for Applus Services S.A.
- Gary Lindsay, Managing Partner, TDR Capital, said: "TDR focuses on investing our capital and know-how in businesses with long-term secular growth opportunities like Applus.