Joining Würth Group and delisting

As part of the Würth Group, trade and manufacturing companies, referred to as Allied Companies, also operate in related business areas, ranging from wholesale sales of electrical and electronic materials to financial services. In early 2024, the Würth Group employed more than 87 000 people in over 400 companies with more than 2 500 pick-up points in 80 countries. According to preliminary figures for the financial year 2023, the Würth Group achieved revenues amounting to 20.3 billion euros

TIM CG joins the business line of the Würth Electrical Wholesale Group, which is one of the leading wholesalers of electrotechnical materials in the European market. Both TIM Capital Group companies – TIM S.A. and the logistics company 3LP S.A. – will continue to operate as independent companies.

Following this transaction, the shares of TIM SA are withdrawn from the Main Market of the Warsaw Stock Exchange as of 5 June 2024.