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Ballast Nedam Strengthens Systems Expertise With T&H Takeover

NIEUWEGEIN, The Netherlands, March 30, 2012 /PRNewswire/ --

Number 2012.008

Ballast Nedam is reinforcing its reputation in the field of systems expertise with its takeover of T&H B.V. T&H is a highly qualified consultancy in the field of building systems for construction in the residential and utilities sectors, renovation projects and large-scale maintenance. It specializes in heating, air conditioning, electrical and transport systems, with a strong focus on sustainability, energy management and maintenance. Its integrated approach means the company can ensure that its technological systems operate at the highest possible level. T&H is based in Nieuwegein and employs ten members of staff.

Theo Bruijninckx, Chairman of the Board of Management of Ballast Nedam, sees the expertise provided by T&H as a valuable addition to his company's portfolio: "The increasing market demand for energy-efficient buildings throughout the life cycle means that building systems are playing a more pivotal role. In other areas, such as sustainable renovation and transformation of existing buildings, an integrated approach provides the greatest added value. T&H's expertise in this area strengthens Ballast Nedam's position on the market for integrated projects."

Ballast Nedam and T&H have been collaborating for quite some time on major projects such as the Kromhout Barracks in Utrecht, New Babylon in The Hague and the biomass power plant in Delfzijl.

T&H will remain active on the market under its own name as part of Ballast Nedam IPM. Ballast Nedam IPM specializes in building systems for energy supplies and mobility and plays a leading role in the field of alternative fuels.

Ballast Nedam's strategy focuses on integrated projects and the niche markets of industrial construction, hospitals, offshore wind turbines, secondary raw materials and alternative fuels. The supply and specialized companies add competitive advantage to Ballast Nedam's total solutions through innovation, cost leadership and purchasing strength.

Ballast Nedam has a leading position in construction and infrastructure. The company operates mainly in the Netherlands on integrated and other projects for companies, public authorities and housing consumers, in the fields of mobility, housing, employment, leisure and energy. Ballast Nedam operates internationally in various areas of expertise. Ballast Nedam supplies project, process and contract management in the development, implementation and management phases. The company also provides specialized know-how and skills, and semi-finished and finished products. Ballast Nedam is listed on NYSE Euronext in Amsterdam. The share is included in the Amsterdam Small Cap Index.


SOURCE Ballast Nedam NV

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