NIEUWEGEIN, the Netherlands, April 20, 2012 /PRNewswire/ --
It concerns the takeover of 15 projects with a volume of approximately € 20 million and the Building Service property maintenance activities. Employment for approximately 20 employees remain preserved. The acquired businesses are integrated into Ballast Nedam Building & Development Region South in Eindhoven.
The takeover is a valuable strengthening of the position of Bouwborg in the Southern region in The Netherlands. Bouwborg is a subsidiary of Ballast Nedam and performs maintenance, renovation, service and restoration work. The company is a national partner for housing corporations and institutional investors for the structural and technical maintenance of their property.
Ballast Nedam has a leading position in construction and infrastructure. The company operates mainly in the Netherlands on integrated and other projects for companies, public authorities and housing consumers, in the fields of mobility, housing, employment, leisure and energy. Ballast Nedam operates internationally in various areas of expertise, such as foundations for offshore wind turbines. Ballast Nedam supplies project, process and contract management in the development, implementation and management phases. The company also provides specialized know-how and skills, and semi-finished and finished products. Ballast Nedam is listed on NYSE Euronext in Amsterdam. The share is included in the Amsterdam Small Cap Index.
Note for the editorial staff:
Further details can be obtained from Ballast Nedam N.V., Adrie van Kessel, telephone +31(0)30-285-41-61
SOURCE Ballast Nedam NV