Heijmans has completed the sale of its Belgian operations to BESIX. Heijmans received approval from the appropriate antitrust authorities and the expected net proceeds of € 40 million have been realized.
As reported previously, on 8 February 2017, Heijmans reached agreement concerning the sale of all shares in the Belgian companies Heijmans Bouw, Heijmans Infra, and Van den Berg. The sale of the Belgian companies makes an important contribution to further debt reduction and results in a structural improvement of the financial ratios.
About Heijmans
Heijmans is a listed company that combines activities related to property development, residential building, non-residential building, roads and civil engineering in the fields living, working and connecting. Our constant focus on quality improvements, innovation and integrated solutions enables us to generate added value for our clients. Heijmans realises projects for private consumers, companies and public sector bodies and, in partnership with its clients, is building the spatial contours of tomorrow. You will find additional information on www.heijmans.nl (http://www.heijmans.nl/)
For additional information / not for publication:
Media
Marieke Swinkels-Verstappen
Communications
+31 73 543 52 17
mswinkels-verstappen@heijmans.nl
Analysts
Guido Peters
Investor Relations
+31 73 543 52 17
gpeters@heijmans.nl
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Heijmans NV via Globenewswire
