CVC Capital Partners Fund VII (“CVC”) recently signed an agreement to acquire a 20% 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% stake following the closing of the transaction. Closing is expected for the first quarter of 2019. CVC will support the company in accelerating its successful growth strategy in close cooperation with the majority owners and management. Strategic priorities will include the further digitalisation of DKV’s business model and the extension of its service offering.