Batenburg Beheer completes the acquisition of Dekker van Geest

Batenburg Beheer is a technological service provider, active in the field of installation technology and technological trading. The activities are carried out in the utility construction, industry and infrastructure. Batenburg Beheer NV comprises twelve operational subsidiaries established in the Netherlands and Belgium, with approximately 950 employees. The shares of Batenburg are listed on the Euronext Amsterdam N.V.

Batenburg Beheer N.V. acquired the shares of Dekker van Geest Installaties B.V. at Monster. This all-round mechanical engineering installation company with an annual turnover of € 11 million, forms a valuable addition to the existing activities in West-Nederland of Batenburg Beheer. The current management of Dekker van Geest installaties will remain in function after the takeover.

Dekker van Geest is a medium-sized mechanical engineering installer with a yearly turnover of € 11 million and is mainly active in region Westland and region Haaglanden. The company is located in Monster and has approximately 60 employees. Projects are carried out for schools, office buildings, healthcare facilities and various business buildings. Besides these projects, Dekker van Geest also provides installations with preventive and corrective maintenance service.

Given the size of Dekker van Geest, the company will be operating as an independent subsidiary within the Batenburg Beheer Group. The current management of Dekker van Geest will remain in function after the takeover and lead this strong player in the regional mechanical engineering installation market. The acquisition price was paid in cash and is expected to contribute positively to Batenburg Beheers profit per share.

Rotterdam, 14 juli 2011

Direction Batenburg Beheer N.V.
Company profile Batenburg Beheer N.V.

Batenburg Beheer N.V.
Postbus 9441
3007 AK Rotterdam
Tel. 010-2928080
E: info@batenburg.nl

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