TKH has acquired a 49% participation in Observision
TKH has acquired a 49% participation in Observision. This participation strengthens TKH’s portfolio of camera systems. With the unique technologies of Observision combined with the existing presence of TKH in Europe and Asia, TKH expects an accelerated growth in the security segment.
Observision develops new generation integrated security solutions, based on video and audio technology for automatic detection. The company offers intelligent solutions for a wide variety of security issues in existing and new (wireless) camera networks. Observision has locations in the Netherlands and the United States.
TKH Group N.V., listed on the NYSE Euronext, is worldwide active in supplying innovative solutions to clients in the segments Telecom, Building and Industrial Solutions. TKH realised in 2006 a turnover of Euro 686 million and an operating profit of Euro 54 million.
PhiDelphi acted in this transaction as advisor to the selling shareholders.