Deals/M&A

PwC Legal and PwC advise ARMOR Print Solu-tions on its acquisition of THS Group

Düsseldorf/Stuttgart, 05 October 2023

A multidisciplinary team of PwC Legal, the auditing and consulting firm PwC Germany and PwC France advised ARMOR Print Solutions SAS on its acquisition of THS Group.

ARMOR Print Solutions has been offering a comprehensive product and service portfolio since the 1990s, ranging from remanufactured printer cartridges to managed print services (MPS) and semi-industrial inks. Headquartered in Nantes (France), the company has industrial and logistics sites in Morocco, Poland, the Netherlands and Germany. THS Group, a partner of the specialized trade, also offers an extensive portfolio of printer consumables and spare parts for copiers and printers. In addition, the subsidiary MHS is one of the leading MPS solution providers in Europe.

The new group will employ 700 people and build a European market leader that offers all alternative printing products and services to office resellers and IT resellers.

Advisors of ARMOR Print Solutions SAS

PwC Legal:

Lars Benger, Dr. Thomas Wenninger (both Lead), Rebecca Klenke, Alexander Schmidt, Linda Kohal, Oscar Silcher, Sebastian Brandt, Markus Breitenbücher (all Legal Deals), Dr. Frank Degenhardt, Boris Christian, Albert Bickel (all Labour Law), Dr. Tobias von Tucher, Janina Thieme, Frederik Bansemer (both IP/IT), Susanne Zühlke, Justus Lucka (both Antitrust)

PwC Germany:

Stefanie Tielemann, Dr. Saskia Bardens, Marleen Rumpler, Laura Bolay (all Deals Tax)

PwC France:

Eric Douheret, Victor Giorgianni, Gregor Hary, Léa Gaudefroy (all Transaction Services), Fabien Radisic, Nicolas Thiroux (both Deals Tax), Isabelle de La Gorce (Legal Deals)

About PwC Legal Business Solutions:

In our global, rapidly changing business world, cooperation, restructuring, transactions, financing and social responsibility are topics that increasingly concern our clients. They need legal certainty for a wide range of complex tasks. That is why we advise them holistically and in close cooperation with PwC’s tax, human resources and finance experts and our international legal network in over 100 countries. Whether a globally active company, a public corporation or a wealthy private individual, every client has a personal contact at our firm who supports them responsibly in all matters of commercial law. In this way, we help our clients to secure their economic success in the long term.

PwC Legal Business Solutions in Germany. More than 300 lawyers at 18 locations. Integrated, tech-powered legal advice.

About PwC:

At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 151 countries with over 364,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com.

PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.

Press contact

Contact us

Dr. Thomas Wenninger, LL.M. (GWU)

Local Partner Stuttgart

Rebecca Klenke, LL.M. (Münster)

Senior Manager Düsseldorf