Family reduces stake in VolkerWessels

The Wessels family is reducing its stake in construction company VolkerWessels from 90% to 42.5%. Asset manager CVC Capital Partners is taking over a 42.5% stake in the company with the remaining 5% going to management.


Management now holds 15% of the shares. A spokesman said that the family had decided to reduce its investment in the firm because of illness.

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