Bam agrees subsidiary sale
Premium Content
31 August 2016
Dutch-based Bam has agreed to sell its construction and properties subsidiary Heilijgers, to its present management team, in a management buyout deal.
Bam said the deal was part of its ‘building the presence, creating the future’ strategy, which the group recently announced.
The company added that the buyout would offer Heilijgers opportunities for further growth, where Bam believed it could take it no further.
Heilijgers employs over 100 people and recorded revenues of €40 million in 2015.
The case for electric construction equipment is now as much about productivity and business value as it is about sustainability
While excavators, loaders and TBMs dominate the spotlight, crawler aerial work platforms are quietly transforming how mining and tunnelling projects are built, maintained and operated.
KHL Content Studio’s Jon Abrahams on how a new identity may capture attention, but it’s understanding that builds trust