Bunnik, the Netherlands, 2 December 2021 – Royal BAM Group nv has reached agreement to sell the shares of its operating company BAM Galère (including its subsidiary BAM Lux and BAM Galère’s plant and equipment, managed by BAM Mat) to the Belgian construction company Thomas & Piron Group. The transaction, which is subject to approval of the competition authorities, is expected to close in the first quarter of 2022. Financial details of the transaction are not being disclosed.