Caledonian Nv Com

This is where the trail grows cold. In 1998, a larger European conglomerate—speculation points to a Franco-Belgian group or a German Mittelstand giant—acquired the Scottish parent company. As part of the deal, the Dutch NV structure was deemed redundant. The new owners stripped it of its assets, transferred its trading licenses, and left it as a "shelf company" with no employees, no revenue, and a single director (often a nominee law firm in Amsterdam).

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