Management buyout reshapes group footprint

The rebrand follows a management buyout of HW International B.V. announced in April 2025, backed by OBL Investments BV, a privately owned investment company. The transaction, which is subject to regulatory approvals, involves the acquisition of HWI BV, the Dutch holding company at the top of the group. The deal comes after a restructuring period in 2024 during which the group disposed of operations in North America, the UK, France, and Greece. Following those disposals, the group has indicated it will concentrate on existing offices in Australia, Germany, Portugal, and Spain and may consider further mergers and acquisitions to add to these markets.