TALIS Group to divest Frischhut

TALIS Group announces divestment of equity interest in Frischhut Group

HEIDENHEIM, Germany, July 05, 2022 – TALIS Group today announced it has entered into a definitive agreement with Tiroler Rohre GmbH to sell 100% of its equity in Frischhut Group.

Frischhut is considered as non-core businesses within the Talis portfolio of companies. This divestment represents another step towards TALIS’s strategy to simplify and to realign its business portfolio to focus on its core activities and improve customer satisfaction.

 “Talis and our owners Triton are delighted to have found great new owner for the Frischhut businesses and employees. We will continue our close business relationship with them in the coming months including continuing to distribute many of the products to TALIS customers. We wish them every success in the future” Says Mark Hodgens CEO of TALIS group