Royal BAM Group nv
On November 14, 2002 the Dutch „Royal BAM Group nv“ (Koninklijke BAM Groep nv) took over the shares in HBG, and thus also in Wayss & Freytag AG, from the Spanish construction group „Grupo Dragados S.A.“. By this acquisition „Royal BAM“ expanded to become the sixth largest construction group in Europe.
This group of companies, which now operates worldwide, had its origins in a workshop which was founded by the joiner Adam van der Waal in Groot-Ammers in the Netherlands in 1869. In 1927, the name of the company, which until then was still a family property, was changed into
„N.V. Bataafsche Aanneming Mij van Bouw- en Betonwerken v/h Firma J. van der Waal en Zoon (BAM)”.
Since 1959, the company has been listed on the Amsterdam stock exchange and by acquisitions and mergers has grown to become the Dutch market leader. The European market is serviced by large affiliates in Great Britain, Ireland, Germany and Belgium; in the United States BAM is represented by the company „Flatiron“ and „Interbeton“ operates worldwide.
Figures from the business report 2006:
- 8.6 billion € turnover
- 137 million € net result
- 939.8 million € capital base
- 13.1 billion € orders on hand
- 30,338 employees