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Strengthening position in Dutch residential market with acquisition Gebroeders Blokland Royal BAM Group nv and the shareholders of Gebroeders Blokland announce that they have reached an agreement regarding the acquisition of Gebroeders Blokland, an integrated residential property developer and builder based in Hardinxveld‑Giessendam. The acquisition will further strengthen BAM’s position in the Dutch residential property development and construction market. Gebroeders Blokland brings a strong portfolio of land positions and residential projects across South Holland, Utrecht, Gelderland, and North Brabant The portfolio comprises land and building rights for approximately 2, 400 homes, primarily located in suburban areas. Gebroeders Blokland generated revenue of circa €95 million in 2025, with EBITDA of circa €10 million. Combining BAM’s expertise with Gebroeders Bloklands strong regional presence unlocks meaningful growth opportunities. Together, the companies can pursue joint sales, acquire development and construction projects, expand their combined network, optimise project portfolios, and apply BAM’s Flow housing concept to suitable Gebroeders Blokland developments. Ruud Joosten, CEO of Royal BAM Group, ‘The intended acquisition of Gebroeders Blokland fits seamlessly with our strategy to strengthen our position in residential property development in the Netherlands. It will increase our annual development potential by around 10%. Over the past year, we have significantly expanded our investments in land and building rights to ensure we can meet the growing demand for sustainable and affordable homes.’ ‘We at Gebroeders Blokland are proud of what we have accomplished, thanks to the trust we have received from our shareholders, Gert and Wim Blokland. We are convinced that BAM is the right partner to help our employees, clients, partners, and project optimisation, and to ensure continuity in the region whilst remaining autonomous within the BAM organisation, ’ says René Biesheuvel, Managing Director of Gebroeders Blokland. The company will remain well represented in the region and continue a sustained collaboration with their partners, supported by the strength of a large corporation. Gebroeders Blokland will continue to operate independently under its own name. Completion of the transaction is subject to approval by the Dutch Consumer and Market Authority (ACM) under the Dutch Competition Decree. .Further information: - analysts: Michel Aupers, michel.aupers@bam.com, +31 (0)30 659 89 88; - press: Corina Ruhe, corina.ruhe@bam.com, +31 (0)30 659 89 88. About BAM Royal BAM Group nv is a leading construction and property development company listed on Euronext Amsterdam with over 150 years of experience in delivering sustainable buildings, homes and infrastructure for public and private sector clients. With approximately 13, 200 employees, BAM realised a revenue of €6.5 billion in 2024. The company operates in its home markets the Netherlands, the United Kingdom and Ireland and also has activities in Belgium. BAM’s 2024-2026 strategy ‘Building a sustainable tomorrow’ is built around three pillars: Focus, Transform, and Expand. The company concentrates on a profitable and predictable performance, driven by digital and scalable innovation, aligned with ambitious sustainability targets. The company’s values are reliable, inclusive, sustainable, collaborative and ownership. www.bam.com Royal BAM Group nv Runnenburg 9, 3981 AZ Bunnik, the Netherlands I PO Box 20, 3980 CA Bunnik, the Netherlands Telephone + 31 (0)30 659 89 88 I E-mail info@bam.com Trade register 30058019, Utrecht, the Netherlands I Statutory seat in Bunnik, the Netherlands |
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