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Matty Zadnikar sells part of the Z-Group to Americans

Z-Safety Services, the largest component of Matty Zadnikar's Z-Group in Dilsen-Stokkem, will soon be entering the hands of U.S. rival Total Safety. In return, Zadnikar will receive a minority stake in the (larger) American group. Zadnikar will also become a director, and will be responsible for Total Safety in Europe.

A strategic exercise showed that we are still too small to compete with the big parties. We therefore started looking for partners that could provide the necessary synergy in both the U.S. and the Middle East.

In the end, a strategic agreement was reached with US-based Total Safety. The deal comes down to Zadnikar selling all Z-Safety shares to Total Safety, and in return, receiving a minority stake in the American company.

Z-Safety Services employs over 500 employees in seven offices in Belgium, the Netherlands, Germany, France, and the United Kingdom. Together they account for a turnover of 55 million euros.
Total Safety is the world leader in integrated security solutions. The group has a turnover of 226 million euros and is present in 21 countries with over 100 branches.
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