Warehouses De Pauw Tony De Pauw has passed away
Yesterday, Tony De Pauw of the founding family passed away unexpectedly at home. In June 1999, at WDP's IPO, Tony took over the helm from his father Jos De Pauw, founder of WDP. Together with WDP management, he built WDP into a leading European family-rooted logistics platform. Tony stepped down from his role as co-CEO in 2024, a position he had shared with Joost Uwents since 2010. During this time, he remained active as a Board member. On 30/6, the family shareholding declined below 20.0% to 19.4%. In due course, the family will appoint a successor to the Board. Despite the great loss of a committed member of the founding family, we believe WDP is run by a strong management team and has a clear strategy for the future. We do not believe this makes WDP vulnerable for a take-over or more susceptible for merger talks with competitors. It is just sad news that has no impact on our positive view on WDP.Warehouses De Pauw and its subsidiaries are engaged in investment in the Belgian semi-industrial property market. Co. is a closed-end property investment company which specializes in: development of storage and distribution premises; customized projects in line with the user's request; acquiring premises for customers who wish to engage in sale and leaseback transactions.
We are a financial services provider for several types of professional clients, each with distinct needs.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.