Degroof Petercam - IMAP Belgium is pleased to announce that it has acted as exclusive financial advisor in the sale of TKM Industries, a Liège-based company specialized in precision metalworking and high-value-added assemblies, to Whitestone Group, an investment holding company listed on Euronext Growth Brussels. Under this new structure, TKM Industries becomes an integral part of Treestone, Whitestone’s industrial subsidiary, alongside ATIMA-TPIM and ISO-Tech Belgium.
Whitestone Group is a Belgium based investment holding company founded in 2012 as a long-term Belgian partner with a flexible investment strategy focused on early stage to mature small companies. Whitestone is listed on the Euronext Growth Brussels under the ticker “ROCK” and currently has ca. €100m AuM.
Founded in 2013, TKM Industries (TKMI) is a diversified precision metalworking company, headquartered in Wandre, Liège, Belgium. TKMI is recognized as a unique player in its industry thanks to a complete integration of precision machining, sheet metalworking, assembly, maintenance, and paint shop services under one roof. As of 31/12/2024, TKMI generates yearly revenues of ca. €15m and employs more than 70 FTEs.