VMH merged with PMV on May 19, 2020

Merger between VMH and PMV

In the coalition agreement 2019 –2024, the Flemish Government decided to proceed with the dissolution of the Flemish Environmental Holding. In implementation of this decision, preparations were initiated for a merger by taking over between the Flemish Environmental Holding (as acquired company) and PMV (as an acquiring company). The merger will dissolve the Flemish Environmental Holding. In order to contractually anchor the acquisition of the portfolio of participations and projects of the Flemish Environmental Holding within the operation of PMV and to ensure that the ongoing contracts of the Flemish Environmental Holding will be continued by the PMV, the Flemish Government now approves an addendum to the Cooperation Agreement between the Flemish Region and the PMV group. In view of the dissolution of the Flemish Environmental Holding, the existing management agreement will be formally terminated via an addendum. The merger is scheduled for May 19, 2020.

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