Royal BAM Group : BAM Deutschland first material divestment
>Sale of BAM Deutschland details - BAM has announced the divestment of BAM Deutschland (including 2 subsidiaries BAM Sports and BAM Immobilien) to Zech Group SE. BAM Deutschland and its subsidiaries had annual sales of c. €500m and 750 employees with earnings still in recovery (EBITDA loss of €51m in 2019, €38m in 2020 and a small plus of €3.3m in 1H 2021). The transaction is expected to close in October.Modest financial impact except for the capital rati...Koninklijke Bam is a construction group based in the Netherlands. Co. is active in the sectors construction, property, civil engineering, public private partnerships, mechanical and electrical contracting, consultancy and engineering, and facilities management. Co. maintais market positions in the Netherlands, Belgium, the United Kingdom, Ireland and Germany. Co. undertakes specialist construction and civil engineering projects in niche markets worldwide. Co.'s consultancy and engineering company provides services to global clients with their international operations.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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