In an official market announcement, Anthony Denny, who currently owns roughly 77% of the Dutch based company AAA Auto Group N.V., has revealed that he plans to sell a controlling stake in the company. He announced earlier in the year that he’d be stepping down as CEO of the company, and says the sell-off process could take one to two years. He will be selling a 73.79% stake in the company.
“I devoted 20 years of my life to company building. I carried AAA AUTO quite successfully through the economic crisis and led the company back to a very solid profitability,” said Denny.
