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Friday, May 29, 2026
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Article Construction News UK

Van Elle shareholders back Strabag takeover but profit outlook slips

Construction News UK May 29, 2026 · 11:00 am Read Original
Bullish 65.0
−100 Bearish 0 +100 Bullish
Van Elle shareholders back Strabag takeover but profit outlook slips

Strabag UK’s £58.8m takeover of geotechnical contractor Van Elle has moved a step closer after shareholders overwhelmingly backed the move. Meanwhile, Van Elle warned that its full-year profit would fall below previous expectations. Yesterday (28 May), 99.96 per cent of shareholders voted in favour of…
The post Van Elle shareholders back Strabag takeover but profit outlook slips appeared first on Construction News.

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Article Info
Source Construction News UK
Published May 29, 2026 · 11:00 am
Article ID ckykqsk
Original URL Open source
Sentiment Signal
Bullish 65.0
−100Neutral+100
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