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© STRABAG
© STRABAG
Company News

STRABAG SE’s UK growth plans on track: Van Elle shareholders approve takeover offer

  • Van Elle shareholders approve STRABAG UK’s takeover offer with 99.96% of votes cast in favour
  • Completion expected on 15 June 2026, subject to satisfaction of customary conditions
STRABAG SE announces that it has yesterday received the results of the shareholder votes at the Court Meeting and General Meeting of Van Elle regarding the previously announced Scheme of Arrangement (the “Scheme”). The Scheme has been approved by the required majorities. A majority of Van Elle shareholders representing 99.96% by value of the votes cast voted in favour of the Scheme at the Court Meeting.

The transaction remains subject to the satisfaction of the remaining conditions set out in the Scheme Document and the sanction of the Scheme by the Court at the Scheme Court Hearing scheduled for 11 June 2026. Completion of the transaction is expected on 15 June 2026.

This marks an important milestone in the execution of STRABAG’s previously announced plans to further strengthen its position in the UK market.
Construction site with cranes at night HS2 Ltd
Construction site with cranes at night HS2 Ltd

STRABAG plans further growth in the United Kingdom

jpg ∙ 5 MB
Construction site with cranes at sunset HS2 Ltd
Construction site with cranes at sunset HS2 Ltd

STRABAG plans further growth in the United Kingdom

jpg ∙ 7 MB

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STRABAG SE is a European-based technology group for construction services, a leader in innovation and financial strength. Our activities span all areas of the construction industry and cover the entire construction value chain. We create added value for our clients by taking an end-to-end view of construction over the entire life cycle – from planning and design to construction, operation and facility management to redevelopment or demolition. In all of our work, we accept responsibility for people and the environment: We are shaping the future of construction and are making significant investments in our portfolio of more than 250 innovation and 400 sustainability projects. Through the hard work and dedication of our approximately 89,000 employees, we generate an annual output volume of around € 20 billion.
Our dense network of subsidiaries in various European countries and on other continents extends our area of operation far beyond the borders of Austria and Germany. Working together with strong partners, we are pursuing a clear goal: to design, build and operate construction projects in a way that protects the climate and conserves resources. More information is available at www.strabag.com.

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