Bunnik, the Netherlands, 17 December 2015 - BAM Bouw en Vastgoed bv has sold its subsidiary BAM Techniek - Integrated Works to the management. The transaction includes all eight employees and work in progress.

BAM sees insufficient opportunities for further development of the activities of BAM Techniek - Integrated Works, which is specialised in telecommunications, and considers the added value of this specialization for the Group limited. The transaction is in line with the streamlining of the organisation in relation to BAM's Back in Shape programme. Last year BAM Techniek - Integrated Works' turnover was approximately €1 million.

Further information:

  • press: Arno Pronk, +31 (0)30 659 86 23;
  • analisten: Joost van Galen, +31 (0)30 659 87 07.

Royal BAM Group NV issued this content on 2015-12-17 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2015-12-17 13:30:09 UTC

Original Document: http://www.bam.eu/press/press-releases/bam-techniek-integrated-works-sold-to-management?position=0&list=0GxSIR0UEis1jrRyWTMmrOQZAhfrcdaz5SV04X8wBmc