BAM sells Nootenboom Sports
Bunnik, the Netherlands, 23 April 2015 - BAM Infra has sold its subsidiary Nootenboom Sports bv at Hardinxveld-Giessendam to D.R. Nootenboom Holding bv and Drechtmolen Holding bv.
Nootenboom Sports specializes in constructing and maintaining sports facilities. The transaction relates to work in progress, equipment and five employees.
BAM sees insufficient opportunities to develop the activities of Nootenboom Sports and considers its added value limited. The sale is part of the current organizational streamlining that BAM is implementing through its Back in Shape programme. The annual turnover of Nootenboom Sport in recent years amounted to approximately €8 million.
The management of Nootenboom Sports consists of Dick Nootenboom and René Rosmolen.
Further information:
- Press: Arno C. Pronk, (030) 659 86 21;
- Analyst Joost van Galen, (030) 659 87 07.