Construction News

Mon May 25 2020

Related Information

Heijmans and BAM cleared to merge Dutch asphalt operations

14 Feb The Dutch competition authority has cleared the way for Heijmans and BAM to merge their asphalt plants in the Netherlands into a new company with an estimated annual revenue of €90m (£75m).

The granting of permission from the Netherlands Authority for Consumers & Markets (ACM) will enable Heijmans and BAM to move forward with setting out the details of their plan. They had asked for clearance in November last year.

Before permission was granted, the ACM conducted a further investigation into the asphalt activities in the Helmond and Stein regions, which are in the southern provinces North-Brabant and Limburg, respectively. The ACM has concluded that sufficient competition remains in both regions.

Currently, Heijmans and BAM each operate a number of asphalt plants. The joint company is intended to combine knowledge, expertise and investments in innovation to increase sustainability of the asphalt chain and improve efficiency.

In addition to the companies’ own clients, the new asphalt company will also serve third parties in the asphalt market. The indicative annual revenue of the new asphalt company will amount to approximately €90m.

Thank you for reading this story on The Construction Index website. Our editorial independence means that we set our own agenda and where we feel it necessary to voice opinions, they are ours alone, uninfluenced by advertisers, sponsors or corporate proprietors.

Inevitably, there is a financial cost to this service and we now need your support to keep delivering quality trusted journalism. Please consider supporting us, by purchasing our magazine, which is currently just £1 per issue. Order online now. Thanks for your support.

Got a story? Email news@theconstructionindex.co.uk

MPU
MPU

Click here to view more construction news »