Did you know that there is a version of The Construction Index for the USA? Visit the site No thanks
Follow us on Twitter Follow us on LinkedIn Follow us on Instagram
Daily construction news
Weekly plant news

Construction News

Thu October 20 2016

Related Information
Related Information
Related Information
Related Information

News » International » Management buy-out completed for BAM subsidiary » published 29 Aug 2016

Management buy-out completed for BAM subsidiary

Agreement has now been reached for BAM subsidiary Heilijgers to be sold to its management.

Royal BAM Group had announced the proposed management buy-out last month. Construction and properties subsidiary Heilijgers has over 100 employees and brought in revenues of €40m (£34m) last year.

The decision to transfer the company to its present management is part of BAM’s strategy ‘Building the presence, creating the future’. One aspect of the strategy relates to shaping the business portfolio, including exiting activities that are not seen as offering sufficient opportunities to build the business through scale or differentiation. The management buyout will offer Heilijgers opportunities for further growth, said BAM.





Download our free construction news iPhone / iPad app. Sign up to our FREE email newsletters or subscribe to our RSS feed for regular updates on the latest Construction News, Plant News, Contract News & Supplier News. The Construction Index also provides the latest Construction Tenders, Construction Market Data & Construction Law Commentary all FREE.

This article was published on 29 Aug 2016 (last updated on 29 Aug 2016).

More News Channels