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| BAM: management buyout Heilijgers completed 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. write your comments about the article :: © 2016 Construction News :: home page |