NL - AVR acquires Van Gansewinkel

AVR, the Rotterdam-based waste disposal company owned by KKR, CVC and Oranje Nassau Group, has agreed to acquire fellow waste disposal firm Van Gansewinkel from founder Leo van Gansewinkel (73%) and ING Corporate Investment (20%). The acquisition price is estimated to be between EUR 850-900m, according to analysts. The transaction, if approved, will create Holland's largest waste disposal firm to date, with a combined turnover of around EUR 1.1bn.