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| BAM buys Belgian civil engineering company Betonac The Netherlands-based Royal BAM Group nv has acquired all the shares of Belgian civil engineering company Betonac nv, based in Sint-Truiden. The transaction, which was announced early August, has been fully completed. Betonac has an annual turnover of approximately €100 million and a good operating result. The company has a workforce of around 350 and specialises in concrete and asphalt road building and civil engineering works. The takeover of Betonac is a substantial addition to BAM's civil engineering activities in the Belgian market, which are already being developed by operating companies Galère and CEI-De Meyer. write your comments about the article :: © 2007 Construction News :: home page |