BAM agrees to buy 40% stake in VLST for about €45 million

Bitget2026/10/20 05:52

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Royal BAM Group agreed to acquire a 40% stake in Van Leeuwen Sleufloze Technieken (VLST) for approximately €45 million.
The transaction is expected to close in the first quarter of 2027, subject to customary conditions.
VLST expects approximately €60 million in revenue for 2026, with an EBITDA margin of around 18%.
VLST operates 19 horizontal directional drilling rigs, expanding the buyer's capabilities in Dutch energy and water infrastructure.
The investment complements the group's recently announced agreement to acquire A.Hak.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Royal BAM Group NV published the original content used to generate this news brief on October 20, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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BAM agrees to buy 40% stake in VLST for about €45 million

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