CVC Capital Partners Fund VII agrees to acquire minority stake in DKV Mobility Services Group
CVC Capital Partners Fund VII (“CVC”) today signed an agreement to acquire a 20-percent stake in DKV MOBILITY SERVICES Group (“DKV”). The family shareholders, who are currently the sole owners of the company, will remain majority shareholders with an 80-percent stake following the closing of the transaction. The parties have agreed not to disclose the purchase price. The transaction is subject to the customary approval process by the relevant regulatory authorities. Closing is expected for the first quarter of 2019.