N.V. Stadsbader agreed to acquire BAM Contractors nv from Koninklijke BAM Groep nv (ENXTAM:BAMNB) on February 15, 2022. BAM Contractors has reported total assets of €143 million on May 5, 2022. The transaction, which is subject to approval of the competition authorities, is expected to close in the second quarter of 2022. Lazard acted as financial advisor to Royal BAM Group.

N.V. Stadsbader completed the acquisition of BAM Contractors nv from Koninklijke BAM Groep nv (ENXTAM:BAMNB) on May 5, 2022.