Netherlands: BAM closes concrete elements plant

Dutch construction company BAM will see its infrastructure subsidiary BAM Infra close a plant for prefabricated concrete elements when current contracts are ended, it is reported. It is said that the sale of the plant to MBS Holding has failed. MBS Holding is reported to have aborted the negotiations about the acquisition because of a lack of guarantee on the turnover on future projects. As a result of the closure, some 13 employees will be made redundant.
June 1, 2015 Read time: 1 min

Dutch construction company 8119 BAM will see its infrastructure subsidiary BAM Infra close a plant for prefabricated concrete elements when current contracts are ended, it is reported.

It is said that the sale of the plant to MBS Holding has failed.

MBS Holding is reported to have aborted the negotiations about the acquisition because of a lack of guarantee on the turnover on future projects. As a result of the closure, some 13 employees will be made redundant.

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