BAM company has sold its Belgian subsidiary BAM Infratechniek to Teletronika, which is part of the ESAS Group. The Infra division of BAM sees insufficient opportunities to further expand the activities of the Belgian subsidiary and wants to concentrate on the Dutch market.
BAM Infratechniek focuses on the construction of telecom infrastructures in Belgium. The part was good for a turnover of around 10 million euros last year.
The transaction covers all more than thirty employees, activities and equipment. Financial details about the deal were not disclosed.