Brief: Strabag UK To Acquire Van Elle

Van Elle Holdings

09/04/2026 07:40

April 9 (Reuters) - STRABAG SE STRV.VI:

BOARD OF DIRECTORS OF STRABAG UK AND VAN ELLE HAVE REACHED AN AGREEMENT ON RECOMMENDED CASH OFFER PURSUANT TO WHICH STRABAG UK WILL ACQUIRE ENTIRE ISSUED AND TO BE ISSUED ORDINARY SHARE CAPITAL OF VAN ELLE

ACQUISITION IS EXPECTED TO BE COMPLETED BY THE END OF JUNE 2026

VAN ELLE DELIVERED 2025 REVENUES OF AROUND £ 130 MILLION (APPROX. € 150 MILLION) AND HAS MORE THAN 600 EMPLOYEES

INTENDED THAT VAN ELLE ADMISSION TO LONDON STOCK EXCHANGE AIM WILL BE CANCELLED

WILL BE RE-REGISTERED AS A PRIVATE LIMITED COMPANY FOLLOWING COMPLETION

Further company coverage: STRV.VI

 (Gdansk Newsroom)

 ((((gdansk.newsroom@thomsonreuters.com ; +48 587785269; ));))