Adex Group determines value of intangible assets for financial reporting
Match Plan has assisted Adex Groep with the execution of a Purchase Price Allocation (PPA) in the context of the annual financial statements. The PPA has been prepared to provide insight into the allocation of the acquisition price and the valuation of intangible fixed assets.
Sustainable contractor in the demolition sector
Adex Groep was formed from the acquisition of Bnext.nl Aannemingen by management in October 2022. The group, which includes Bnext.nl Projecten, Sloopwerken, Milieu, Grondstoffen, and Hubs, has since become an independent entity under the name Adex Groep.
Adex Groep operates as a sustainable contractor in the demolition sector and plays a key role in the transition to a circular economy. The company focuses on three core activities: demolition works and projects, recycling of construction and demolition waste, and processing of industrial waste.
Role of Match Plan in valuation
Match Plan assisted Adex Groep with the valuation of intangible assets as part of the Purchase Price Allocation. This valuation engagement was performed for financial reporting purposes and forms an essential part of the annual financial statements.
The assignment was led by Richard Peeters, Director Valuations at Match Plan. Drawing on his expertise, an objective and well-substantiated valuation was produced, providing Adex Groep with clear insight into the financial processing of the acquisition.
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