Royal Heijmans today completed the acquisition of property developer and construction firm Van Gisbergen. Once the Dutch Consumer & Market Authority (ACM) had granted its approval for the proposed transaction on 7 August, pursuant to the Dutch Competition Decree, Heijmans and Van Gisbergen completed final formalities and the shares were transferred to Heijmans.
The acquisition strengthens Heijmans’ market position in property development and construction in the Greater Eindhoven area, where there is a great need for new housing projects due to the economic growth of the high-tech Brainport region.
Van Gisbergen will continue to operate independently, with day-to-day management in the hands of Alf van der Sanden (Director of the Construction business) and Tino Verspaandonk (Director of Project Development). Heijmans is pleased that Peter van Gisbergen has agreed to remain involved in the company until the end of 2025 and to hand over his duties in phases. Maarten van Duijn (Chairman of the Heijmans Property Development board) will be Van Gisbergen’s first point of contact at Heijmans. All Van Gisbergen employees (55 FTEs) will remain with the company and Van Gisbergen will continue to operate from its current location and under its own name.
Van Gisbergen generated revenue of € 45 million in 2023, with a net profit of € 3 million. The company has its own portfolio of 2,200 land positions.
