BAM agrees to buy 40% stake in VLST for about €45 million

By Public Technologies
  • Royal BAM Group agreed to acquire a 40% stake in Van Leeuwen Sleufloze Technieken (VLST) for approximately €45 million.
  • The transaction is expected to close in the first quarter of 2027, subject to customary conditions.
  • VLST expects approximately €60 million in revenue for 2026, with an EBITDA margin of around 18%.
  • VLST operates 19 horizontal directional drilling rigs, expanding the buyer's capabilities in Dutch energy and water infrastructure.
  • The investment complements the group's recently announced agreement to acquire A.Hak.


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