Heijmans completes sale of German subsidiary Oevermann
(Thomson Reuters ONE) -
Heijmans has completed the sale of its German subsidiary Heijmans Oevermann GmbH
to PORR Deutschland GmbH. The sale has been approved by the appropriate
antitrust authorities and the expected net proceeds of ? 60 million have been
realized.
As reported previously, on 6 March 2017, Heijmans reached agreement concerning
the sale of all shares in Heijmans Oevermann GmbH to PORR Deutschland GmbH, a
subsidiary of the Austrian construction group PORR AG. The sale of Oevermann
contributes significantly to further debt reduction and results in a structural
improvement of the financial ratios.
Recently, Heijmans also sold its German foundation specialist Franki to PORR.
This sale was completed on 18 January 2017. With its disinvestment in Oevermann,
Heijmans now has disposed of all of its operating activities in Germany.
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.
For additional information / not for publication:
Media
Marieke Swinkels-Verstappen
Communications
+31 73 543 52 17
mswinkels-verstappen(at)heijmans.nl
Analysts
Guido Peters
Investor Relations
+31 73 543 52 17
gpeters(at)heijmans.nl
Press Release:
http://hugin.info/130707/R/2097737/794320.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
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
Unternehmensinformation / Kurzprofil:
Datum: 21.04.2017 - 17:36 Uhr
Sprache: Deutsch
News-ID 537619
Anzahl Zeichen: 2374
contact information:
Town:
Rosmalen
Kategorie:
Business News
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"Heijmans completes sale of German subsidiary Oevermann"
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