VDL Groep to fully acquire De Meeuw
Benefits of synergy
René Meeuwissen, former shareholder of De Meeuw: “The market for flexible, modular and sustainable housing is growing fast. De Meeuw has successfully evolved alongside this development trend in recent years and is in a position to transform itself into a leader in this market. De Meeuw’s brand and market share in the growth markets for healthcare, residential housing and education have been strengthened mainly due to our sustainable proposition.
De Meeuw remains committed to further sustainability, industrialisation of the construction process and expanding the service proposition for our customers. VDL Groep has extensive knowledge in the field of automation and industrialisation, ensuring a high level of synergy between our two family-owned companies.
With VDL Groep’s investment power, De Meeuw is poised to execute the strategy it has undertaken. Furthermore, this acquisition provides our customers and employees with the security of an extremely powerful internationally operating Dutch parent company and therefore a successful and reliable future. I am confident that De Meeuw is in good hands at VDL. In addition, I am pleased that, in close consultation with VDL, the decision has been made that I will be tasked with continuing the operations in Romania.”
Strength through cooperation
VDL Groep Chairman Willem van der Leegte says: “The acquisition of De Meeuw will further strengthen our position in Infratech, one of the ‘five worlds of VDL’ and will allow us to further respond to the high demand for diverse housing solutions.
We have already held 50 per cent of the shares of De Meeuw since 2015. Given the growth potential of the modular housing market and the synergy benefits associated with our current operations, through this acquisition we see opportunities to further contribute to the achievement of affordable and sustainable housing for everyone.
In addition, partly in view of the nitrogen issue, sustainable construction with shorter lead times and reusable housing is becoming increasingly important. We are also keen to further commit to that social transition.”
About VDL Groep
Strength through cooperation. This is the cornerstone of VDL Groep, the international industrial family business with its headquarters in Brainport Eindhoven. Founded in 1953, now 70 years ago, the company has been run by the third generation of the Van der Leegte family since 2017.
The VDL Groep employs over 16,000 employees and operates in 19 countries. The group consists of more than 100 specialist operating companies that work closely together.
The activities of these companies can be summarised in the ‘five worlds of VDL’: Science Technology & Health, Mobility, Energy & Sustainability, Infratech and Foodtech. The combined annual turnover stood at 5.752 billion euro in 2022.
