M&A Deal Summary

Thomas & Piron Acquires BAM Galere

On December 2, 2021, Thomas & Piron acquired construction company BAM Galere from Royal BAM Group nv

Acquisition Highlights
  • This is Thomas & Piron’s 1st transaction in the Construction sector.
  • This is Thomas & Piron’s 1st transaction in Belgium.

M&A Deal Summary

Date 2021-12-02
Target BAM Galere
Sector Construction
Buyer(s) Thomas & Piron
Sellers(s) Royal BAM Group nv
Deal Type Divestiture

Target

BAM Galere

Chaudfontaine, Belgium
BAM Galere constructs buildings and infrastructure projects for both the public and private sectors. The company's current projects include a new hospital in Tournai (CHwapi 2), cultural centre ‘Pôle des Savoirs’ in Liège, the structural works of Building Jean Monnet 2 for the European Commission in Luxembourg-Kirchberg, the renovation of the Huccorgne viaduct in the E42/A15 near Wanze and the Metro 3 Project in Brussels (connecting tunnel North station). BAM Galere is based in Chaudfontaine, Belgium.

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Buyer(S) 1

Buyer

Thomas & Piron

Our-Paliseul, Belgium

Category Company
Founded 1976
Sector Construction
DESCRIPTION

Thomas & Piron builts or renovates more than 1,400 housing units each year in Belgium and the Grand Duchy of Luxembourg. Since 2014, the company has been organized as a holding company comprising, in particular, the three entities best known to the general public and respectively representing the main branches of activity of the company TP Home, TP Building, and TP Renovation. With more than 2,200 employees, one of our many specificities is that we have a very large part of the trades in integrated and local teams, which allows us to guarantee constant and effective control of the quality of our achievements. Thomas & Piron was formed in 1976 and is based in Our-Paliseul, Belgium.


DEAL STATS #
Overall 1 of 1
Sector (Construction) 1 of 1
Type (Divestiture) 1 of 1
Country (Belgium) 1 of 1
Year (2021) 1 of 1

Seller(S) 1

SELLER

Royal BAM Group nv

Bunnik, Netherlands

Category Company
Sector Construction
DESCRIPTION

Royal BAM Group nv is a construction company with operating companies, active in construction and property, civil engineering, as well as in public-private partnerships. BAM has leading positions in five European markets: the Netherlands, Belgium, the United Kingdom, Ireland, and Germany. Furthermore, the Group delivers projects in Denmark, Luxembourg, and Switzerland. Digitalisation, sustainability, and innovation are major drivers of BAM’s design, construction, and facility management solutions.


DEAL STATS #
Overall 3 of 5
Sector (Construction) 3 of 3
Type (Divestiture) 3 of 5
Country (Belgium) 1 of 2
Year (2021) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-09 BAM Deutschland

Stuttgart, Germany

BAM Deutschland is a construction company delivering projects including hospitals, offices, universities, prisons, residential buildings and sport stadiums. BAM Deutschland is based in Stuttgart, Germany.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-16 BAM Contractors

Brussels, Belgium

BAM Contractors is an operating company, with expertise in rail and road works, tunnel and bridge construction, and industrial projects. BAM Contractors is based in Brussels, Belgium.

Sell -