Scheme document published for the £58.8 million Recommended Cash Offer for Van Elle by STRABAG UK
April 2026
Operating in the UK since 2013, STRABAG UK Limited is a division of STRABAG SE a Vienna Stock Exchange listed leading European-based construction technology group with a global footprint.
STRABAG UK delivers services across the water, energy, transport, and building sectors. They deliver complex construction through advanced digital tools, in-house control, local teams, and a proven delivery model.
Van Elle Holdings Plc is an LSE AIM listed Company and is the UK’s largest and most diverse specialist geotechnical engineering contractor. The Company provides a range of ground engineering techniques and services including ground investigation; general and specialist piling, rail geotechnical engineering, modular foundations and ground improvement and stabilisation services.
Van Elle operates through three divisions: General Piling, Specialist Piling and Ground Engineering and is focused on three end markets; residential and housing, infrastructure and regional construction across which the Group has completed more than 20,000 projects over the last 35 years.
On 9th April 2026, the board of directors of Van Elle and the board of directors of STRABAG UK announced that they had reached agreement on the terms and conditions of a recommended cash offer pursuant to which STRABAG UK will acquire the entire issued and to be issued ordinary share capital of Van Elle intended to be implemented by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act.
Publication of the Scheme Document
The Perivan shareholder communications team was delighted to work with Peel Hunt who acted as Financial Adviser, Rule 3 Adviser and Nominated Adviser and Eversheds Sutherland who acted as legal adviser to Van Elle on the Scheme and associated documents, which were successfully published and posted to qualifying shareholders on 30th April 2026.
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Perivan specialise in producing and publishing financial documents relating to shareholder and investor communications for quoted companies and are a market leader for the production of documentation relating to Mergers & Acquisitions.