RSS Feed Press releases

1 May 2002
Hotel wings in Abu Dhabi

Interbeton is currently working on the construction of the reinforced concrete frame of two hotel wings and a car park in Abu Dhabi.
30 April 2002
Concrete trough

On formwork spanning several tracks of the Kijfhoek marshalling yard near Rotterdam, employees of the CBKK consortium are pouring a thousand cubic metres of concrete for a trough bridge. The bridge is part of the Vork Viaduct.
25 April 2002
Second acceptance period in public offer for HBG by Dragados has ended

Madrid / Rijswijk – With reference to the advertisements dated 15 and 16 March 2002 and 12 April 2002 and the offer document dated 15 March 2002 [the 'Offer Document'] Grupo Dragados, S.A. ['Dragados'] and Hollandsche Beton Groep nv ['HBG'] jointly announce that the second acceptance period in the public offer by Dragados for all outstanding ordinary shares in HBG [the 'Offer'] has ended on 25 April 2002, 15.00 hours Dutch time.

Press release of Grupo Dragados and HBG

Not for release, publication or distribution, in whole or in part, in or into, the UK, the US, Canada, Australia or Japan.
23 April 2002
Antonio García Ferrer, new chairman of Grupo Dragados

Madrid, April 23, 2002. Antonio García Ferrer has been appointed new executive chairman of Grupo Dragados by the Board of Directors of the company.
23 April 2002
HBG will not transfer its BHD shares to Ballast Nedam

Rijswijk, the Netherlands - HBG, Hollandsche Beton Groep nv, confirms that Ballast Nedam has requested the Group to transfer the two-thirds interest of HBG in Ballast Ham Dredging bv to Ballast Nedam.
18 April 2002
Grupo Dragados buys HBG and becomes the leader in services and concessions in Spain
  • Grupo Dragados buys HBG and becomes the leader in services and concessions in Spain and third largest in Europe
  • Concessions, waste treatment and port logistics, the new focus of Grupo Dragados' international strategy.
  • By 2004, Grupo Dragados will have invested almost 1,000 million euros in diversification activities, starting with 400 million euros this year.
  • Profits of the new Grupo Dragados will increase 30% this year to 310 million euros and total revenues will surpass 10,100 million euros.
  • The new basic lines of action: reduce costs, integrate teams and take advantage of the synergies derived from the access to HBG's markets.
  • The company acquires a stable position in the U.S.A. and Western Europe as well as in Central and Eastern Europe.
  • Dredging will provide the basis for growth in international port logistics.
  • Grupo Dragados will soon submit offers for 18 new concessions in Europe, half of them with HBG companies.

Madrid, April 18, 2002. Yesterday Grupo Dragados finalized the purchase of stock in HBG representing 98.9% of its share capital.  This buy-out means that the Dutch group will be included in Grupo Dragados' assets.
9 April 2002
Grupo Dragados declares public offer for HBG unconditional

Not for release, publication or distribution, in whole or in part, in or into, the UK, the US, Canada, Australia or Japan.

Press release of Grupo Dragados and HBG

Madrid / Rijswijk – With reference to the advertisements dated 15 and 16 March 2002 and the offer document dated 18 March 2002 [the 'Offer Document'] Grupo Dragados, S.A. ['Dragados'] and Hollandsche Beton Groep nv ['HBG'] jointly announce that Dragados declares the public offer for all outstanding ordinary shares in HBG [the 'Offer'] unconditional.
8 April 2002
New Warner Brothers theme park in Madrid

The new Warner Brothers theme park in Madrid recently opened its gates. Grupo Dragados was responsible for the construction of two out of the five themed areas: Hollywood Boulevard and Super Heroes.
8 April 2002
The European Commission approves the offer for HBG by Dragados

Madrid / Rijswijk – The European Commission has informed Grupo Dragados, SA that the offer it has made for Hollandsche Beton Groep nv ['HBG'] is compatible with the Common Market of the European Union and that the Commission has therefore decided to approve the transaction.

Press release of Grupo Dragados and HBG
7 April 2002
Improvement of the M1 motorway

Nuttall, HBG's British civil engineering group company, has been awarded a 9.8 million-euro contract for the improvement plan on junction 15a of the M1 at Rothersthorpe. The work will involve constructing another archway under the motorway to add a second carriageway to the A43.
6 April 2002
Prestige bank in the heart of Frankfurt fronts onto tropical garden

A more attractive site for a new building in downtown Frankfurt would be hard to imagine. Right next to the main entrance to the city's famous 'Palm Garden', Wayss & Freytag Schlüsselfertigbau is building new office accommodation for Kreditanstalt für Wiederaufbau. The striking thing about this commercial bank's new offices is the very high standard of finish.
5 April 2002
Jumbo rig bound for Singapore

Ballast Ham Dredging will be shipping the biggest vertical drainage rig in the world to a project in Singapore later this year. The jumbo rig can sink vertical drains to a depth of sixty metres. The equipment will be put through its paces on a construction site in the Netherlands during the next few months.
4 April 2002
Naval dockyard retains historical character

The docks and workshops of Rijkswerf Willemsoord, the former naval dockyard in Den Helder, are largely derelict, but not for much longer. A construction consortium including Schakel & Schrale, an HBG Utiliteitsbouw company, is working on a project to turn the yard into the 'Nederland over Zee' nautical theme park.
4 April 2002
Intention of the Authority for the Financial Markets to impose fines on Dragados and HBG

Madrid / Rijswijk – The Authority for the Financial Markets ['Authority FM'] in the Netherlands believes that Grupo Dragados, SA ['Dragados'] and Hollandsche Beton Groep nv ['HBG'] acted contrary to the provision of Section 9b, subsection 1, of the Decree on the Supervision of the Securities Trade 1995 [Bte 1995] by having made a public announcement on 5 February 2002 concerning their expectation that agreement could be reached on an offer to be made by Dragados for the shares of HBG, whereas according to the Authority FM that expectation was already justified prior to that date.
3 April 2002
Meals on wheels

Parked on one of the platforms at Glasgow's Central Station is a Nuttall vehicle that's more than just a minibus. The company has had this Fort Transit converted into a mobile site hut complete with room to sit and eat, separate drying cabinet for workwear and a toilet.
2 April 2002
Compressor station for NAM

Tebodin, HBG's independent consultants & engineers company, has started work on a gas compressor station for NAM in Anjum, Friesland. The installation is needed to safeguard production from a gas field in the years ahead.
1 April 2002
Metro line between Rotterdam and Hoogvliet

The new, 11.5-kilometre Benelux Line metro link between Rotterdam and Hoogvliet will include six stations. Six different architects have designed the stops along the route, taking their inspiration from the immediate surroundings. The travelling public will be able to admire the results this autumn when RET commissions the new metro line.
31 March 2002
Psychiatric clinic in Cologne

Müller-Altvatter, part of HBG Bau, is due to start work next month on the construction of a psychiatric clinic in Cologne. The semicircular building will have three floors plus a basement. The total floor area extends to 9,450 m2. The project is scheduled for completion in March 2004 and the contract value is €12 million.
22 March 2002
Nuttall secures £26 million coastal protection scheme

Edmund Nuttall Ltd has secured a contract valued at nearly £26 million to undertake coastal protection work for Scarborough Borough Council.
15 March 2002
Recommended public offer in cash for HBG by Grupo Dragados

Following the press releases of 5 February 2002 and 6 March 2002, Grupo Dragados, S.A. ('Grupo Dragados') and Hollandsche Beton Groep nv ('HBG') jointly announce that Grupo Dragados will launch a recommended public offer in cash for all the outstanding ordinary shares in HBG (the 'Offer').

Not for release, publication or distribution, in whole or in part, in or into, the UK, the US, Canada, Australia or Japan.

Press release of Grupo Dragados and HBG

Madrid / Rijswijk, 15 March 2002

The Offer will be launched by the public announcement of the availability of an offer document dated 15 March 2002 relating to the Offer (the 'Offer Document') by advertisements in the Official Pricelist of the Euronext Amsterdam Stock Exchange dated 15 March 2002 and in one or more national Dutch newspapers of 16 March 2002.

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