VOLKERWESSELS


Associated tags: VolkerWessels, ABN, Investment advisory, Technical, Area studies, Sale, EQOS, Housing, Unica, Telecom

Locations: UNITED KINGDOM, NORTH AMERICA, GERMANY, NETHERLANDS

EQS-News: Triton to acquire Visser & Smit Hanab, VW Telecom and Homij

Retrieved on: 
Wednesday, April 10, 2024
VolkerWessels, ABN, Growth, Investment advisory, Technical, Area studies, Sale, Acquisition, EQOS, Investment, Housing, Unica, Telecom

Triton to acquire Visser & Smit Hanab, VW Telecom and Homij

Key Points: 
  • Triton to acquire Visser & Smit Hanab, VW Telecom and Homij
    The issuer is solely responsible for the content of this announcement.
  • Triton to acquire Visser & Smit Hanab, VW Telecom and Homij
    Frankfurt (Germany), Rijssen (the Netherlands), 5 April 2024 - Funds advised by Triton ("Triton") have signed an agreement to acquire 100% of VolkerWessels Verbindingen en Netwerken B.V. (“V&N Group”), a company indirectly fully owned by Koninklijke VolkerWessels B.V. (“VolkerWessels”) and controlling the entities Visser & Smit Hanab B.V., VW Telecom B.V. and Homij Technische Installaties B.V. (the VolkerWessels Energy, Telecom and Technical Installation companies cluster).
  • The transaction is still subject to the advice of the central works council of VolkerWessels and customary regulatory approvals.
  • Triton is acquiring V&N Group with a strong belief in the growth potential of the company and its long-established customer relationships, which Triton plans to further invest in.