Skip to main content
Home

Main navigation

  • Top stories
  • Health
  • Crime
  • Politics
  • Business
  • Tech
  • Culture
  • Sports
  • Weird
  • 1-1-2
Business
BNP Paribas Développement
Bpifrance Investissement
Cathay Capital
Grontmij
Grontmij sells French monitoring & testing business for €67
Siparex
Tuesday, 16 July 2013 - 08:33
Share this:
  • facebook
  • twitter
  • linkedin
  • whatsapp
  • reddit

Grontmij Sells Asset for €67 million

On Tuesday, Dutch engineering company Grontmij announced that it has decided to sell its French monitoring & testing business for €67 million.

Grontmij will be selling the asset to a group of investors directed by private equity investment specialists Siparex. The group of buyers also consists of Cathay Capital, Bpifrance Investissement, and BNP Paribas Développement. In a shared report with Grontmij, Siparex said the French unit evaluates building materials and creates geotechnical studies. The selling of the French business is worth €71 million, inclusive of debt. This move will enable Grontmij to lessen its liability and concentrate on its engineering activities. Source: Reuters

Follow us:

Latest stories

  • Casinos spent much more on gambling ads despite promises not to
  • More people ask euthanasia center for help; 1,240 requests approved last year
  • Housing Min. considering rent reduction for tenants in poorly insulated homes
  • Ramadan starts for hundreds of thousands of Muslims in Netherlands
  • Amsterdam to ban rapid grocery delivery services from residential areas
  • Suspect denies active role in takeaway restaurant bombings, shootings

Top stories

  • Casinos spent much more on gambling ads despite promises not to
  • More people ask euthanasia center for help; 1,240 requests approved last year
  • Housing Min. considering rent reduction for tenants in poorly insulated homes
  • Amsterdam alderman wants to introduce 20km/h biking speed limit
  • Dutch authorities preparing for outbreak of candida auris, a fungus that can be lethal
  • Badger train stoppage will continue for weeks; Badgers digging in 40 locations

© 2012-2023, NL Times, All rights reserved.

Footer menu

  • Privacy
  • Contact
  • Partner content