Belgiums Ackermans & van Haaren to acquire 40% stake in Dutch-based IQIP Holding for €100M

▤ Summary

Antwerp, Belgium-based Ackermans & van Haaren (AvH), a global investment firm, announced on Friday, August 11, that it has entered into an agreement with HAL Investments to acquire 40 per cent stake in Sliedrecht, the Netherlands-based IQIP Holding for €100M. At the same time, Dutch-based MerweOord, the family holding company of the Van Oord family, will acquire 20 per cent of IQIP with a strategic option to increase its shareholding to 33.33 per cent during the course of 2024. This development would result in an equal distribution of shareholding where HAL, AvH, and MerweOord will each hold an equal 1/3 stake in IQIP. This transaction is subject to various closing conditions, including regulatory approvals.

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