RATINGEN, Germany and LONDON, UK, August 5, 2019-- Funds advised by the global private equity advisory firm Apax Partners (the “Apax Funds”) have today announced an agreement to acquire a majority stake in ADCO Group, the global market leader in the mobile sanitary unit sector. The existing shareholders retain a significant stake. The transaction is expected to close in Q4 2019, subject to regulatory approvals. Founded about 45 years ago in Germany, ADCO Group operates the DIXI® and TOI TOI® brands providing portable toilet and sanitation equipment rental and services worldwide.