BAM Techniek sells two small mechanical and electrical contracting subsidiaries

Bunnik, Netherlands, 15 December 2006 – BAM Techniek bv, an operating company of Royal BAM Group nv, intends to sell two mechanical and electrical contracting subsidiaries to their management team with effect from 1 January 2007. The subsidiaries concerned are Beckmann Elektrotechniek bv of Enschede, the Netherlands and Beckmann Kamphuis bv of Oldenzaal, the Netherlands. The two companies employ approximately thirty people. Their joint turnover amounts to more than € 3 million.

The companies specialise in small contract work and engine overhauls, respectively, especially for industry. The management of BAM Techniek has concluded that this specialist work does not fit in sufficiently with the package of services that the operating company offers.

Further information: A.C. Pronk, +31 (0)30 659 86 21.