HBG: disappointed at hostile action by Boskalis

HBG is disappointed at this hostile action and is considering its response to the invitation to consult, as referred to in Article 4, para. 2, of the Social and Economic Council’s Merger Code. The intention to make an offer for the shares of HBG is totally at odds with the statements made only yesterday by the Boskalis Management Board Chairman, Van Gelder, concerning the desirability of harmonious partnership between the two companies.

HBG is not allowing these developments to deflect it from the Group’s strategy of further strengthening its market position in the various sectors. HBG is continuing the current talks with the Belgian company Ackermans & Van Haaren nv on forms of alliance.

For further information, please contact:

Arno C. Pronk at HBG Public Relations, telephone +31 70 3722121.