Royal BAM Group agreed on 29 January 2026 to acquire Gebroeders Blokland, an integrated residential developer and builder in the Netherlands.
Why Royal BAM Group is buying Gebroeders Blokland
BAM said the deal strengthens its position in Dutch residential development by adding regional development positions and building rights for about 2,400 homes, and that it plans to use its wooden housing concept, Flow, on Blokland sites. Chief executive Ruud Joosten said it would raise BAM's annual development potential by around 10%.
“It will increase our annual development potential by around 10%.”
Deal terms and financing
BAM's annual report states the purchase price as a fixed €62m plus a limited contingent consideration linked to future events. Blokland, which generated revenue of €95m and EBITDA of €10m in 2025, keeps its own name.
Regulatory approvals and timing
Completion required approval from the Netherlands Authority for Consumers and Markets. BAM completed the acquisition on 11 March 2026, consolidating Blokland from that date.
