Entrepreneur Guido Dumarey no longer a candidate to take over Van Hool

Belgian entrepreneur Guido Dumarey will not take over the ailing Van Hool mobility company, a spokesperson for the Dumarey Group has confirmed. This leaves VDL-Schmitz Cargobull alone in the dominant position to acquire the company.
Trade unions are not surprised by Dumarey's withdrawal. Dumarey had made it clear that the 200 million euro price tag was too high, especially given the soil contamination around the Van Hool site.
Earlier, unions had indicated that they did not want a scenario in which "a buyer is only interested in the technology, brand and customer portfolio in order to integrate it into its own production sites". The unions are referring to the Dutch-German tandem VDL-Schmitz Cargobull, which is interested in buses and trailers.
On Monday, the bankruptcy petition could be filed and the final buyer announced.
#FlandersNewsService | © BELGA PHOTO ANTHONY DEHEZ
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