HAL Set to Buy VolkerWessels' Dutch Construction Arm - DutchNews.nl

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Investor HAL and dredging and maritime service provider Boskalis are taking over the Dutch activities of the large construction company VolkerWessels. An agreement was reached today on the main points of the sale. It concerns construction and infrastructure activities and real estate development. The British, American and German branches of the construction group will remain in the hands of VolkerWessels. In total, the company employs 13,000 peo…

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Construction group VolkerWessels is being sold by the family of the late Dik Wessels to investment company HAL from Rotterdam. This is a multi-billion dollar transaction, in which the infrastructure branch of the Rijssen group will end up with maritime service provider Boskalis, also a HAL subsidiary, as part of the deal.