Argo assisted Drylock Technologies with its capital increase subscribed to by Sofina

Argo assisted Drylock Technologies NV, the family-owned Belgian hygiene manufacturer, with its capital increase which was subscribed to by Sofina SA. The Belgian listed investment company subscribed to ca. 25% of the shares. Bart Van Malderen remains the majority shareholder of Drylock Technologies, as well as its chairman and CEO.