{"id":6476,"date":"2025-07-09T07:46:36","date_gmt":"2025-07-09T07:46:36","guid":{"rendered":"https:\/\/cita.co.uk\/news\/?p=6476"},"modified":"2025-07-09T07:46:36","modified_gmt":"2025-07-09T07:46:36","slug":"volkerwessels-uk-parent-group-to-sell-core-dutch-business","status":"publish","type":"post","link":"https:\/\/cita.co.uk\/news\/volkerwessels-uk-parent-group-to-sell-core-dutch-business\/","title":{"rendered":"VolkerWessels UK parent group to sell core Dutch business"},"content":{"rendered":"

Contractor VolkerWessels is set to offload its core Dutch construction business in a major group shake-up that will leave its UK arm under existing ownership.<\/p>\n

Dutch investment giant HAL \u2013 which also owns marine contractor Boskalis \u2013 has agreed terms on a deal to buy the Netherlands-based operations of VolkerWessels, which last year delivered \u20ac3.6bn of turnover and \u20ac217m in operational profit.<\/p>\n

Current owner Reggeborgh will hang onto the UK, German and North American arms of the VolkerWessels business following completion of the transaction.<\/p>\n

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A HAL spokesperson said: \u201cThe completion of the transaction is subject to due diligence and other customary conditions for such transactions, including approval by the relevant competition authorities and consultation with the relevant works councils.\u201d<\/p>\n

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The UK arm of VolkerWessels reached \u00a31.4bn turnover in last published results for 2023 and generated a pre-tax profit of nearly \u00a339m.<\/p>\n

Its five main businesses \u2013 VolkerFitzpatrick, VolkerRail, VolkerStevin, VolkerHighways and VolkerLaser \u2013 will continue to operate under Reggeborgh control.<\/p>\n

The firm has not yet commented on future group strategy.<\/p>\n

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from Construction Enquirer https:\/\/ift.tt\/yIBXSH4<\/p>\n","protected":false},"excerpt":{"rendered":"

Contractor VolkerWessels is set to offload its core Dutch construction business in a major group shake-up that will leave its UK arm under existing ownership. Dutch investment giant HAL \u2013 which also owns marine contractor Boskalis \u2013 has agreed terms on a deal to buy the Netherlands-based operations of VolkerWessels, which last year delivered \u20ac3.6bn […]<\/p>\n","protected":false},"author":1,"featured_media":148,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[9],"class_list":["post-6476","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-construction-enquirer"],"_links":{"self":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/6476","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/comments?post=6476"}],"version-history":[{"count":1,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/6476\/revisions"}],"predecessor-version":[{"id":6477,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/6476\/revisions\/6477"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media\/147"}],"wp:attachment":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media?parent=6476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/categories?post=6476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/tags?post=6476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}