Bunnik/Amersfoort, the Netherlands, 29 August 2016 - Royal BAM Group nv has reached agreement with the management of its construction and properties subsidiary Heilijgers about a management buyout today, following the announcement of the transaction on 12 July 2016.
The decision to transfer Heilijgers (over 100 employees; revenues 2015 €40 million) to its present management is part of BAM's strategy 'Building the presence, creating the future', which the Group presented recently. One aspect of the strategy relates to shaping the business portfolio ('Doing better things'). Among other things this includes exiting operational activities that do not offer sufficient opportunities to use scale or differentiation as critical success factors. The management buyout will offer Heilijgers opportunities for further growth.
Royal BAM Group nv:
analysts: Joost van Galen, +31 (0)30 659 87 07;
press: Arno C. Pronk, +31 (0)30 659 86 23;
Heilijgers bv:
André Heeringa, marketing and communications, +31 (0)33 454 57 00.
Royal BAM Group NV published this content on 29 August 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 August 2016 13:46:05 UTC.
Original documenthttp://www.bam.com/en/press/press-releases/bam-management-buyout-heilijgers-completed?position=0&list=1yBZcPN6YcL6l90uItpCfyOriGKnwRGnEMEX1eKap24
Public permalinkhttp://www.publicnow.com/view/2863AA19B953210AC5BF7746A92F7DF24890AED8
Royal BAM Group N.V. is a building and public works group. Net sales break down by activity as follows:
- buildings and civil engineering infrastructure construction (88.3%): roads, highways, airports, tunnels, railways, residences, hospitals, schools, offices, businesses, etc. The group also develops subcontracted mechanical and electrical installations implementation activity;
- real estate development (8.7%);
- other (3%).
Net sales are distributed geographically as follows: the Netherlands (47.9%), the United Kingdom (42.7%), Ireland (7.4%), Belgium (1.9%) and other (0.1%).
ROYAL BAM GROUP N.V. 
