Bam offloads German business

Bam (2)

Firm wants to concentrate on core UK, Irish and Dutch markets

The Dutch owner of Bam has said it is selling its German business to concentrate on its core businesses in the UK, Ireland and the Netherlands.

The firm had previously flagged that it was mulling a sale of the division with the company yesterday announcing the €500m (£427m) turnover business was being bought by German real estate and construction company Zech Group, and the associated Gustav Zech Foundation.

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