The proceeds will be used to improve the financing structure of the Group. More information on this transaction will follow at the announcement of the Q3 figures on Thursday 10 November 2011.

The sale of the Telecom division is part of Grontmij’s strategic plan 2010-2015. After this transaction Grontmij will continue to focus on further growing its business in Europe via its four business lines: Planning & Design, Transportation & Mobility, Water & Energy and Monitoring & Testing.

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Grontmij is the third largest engineering consultancy firm in Europe with nearly 10,000 professionals and almost 300 offices across the region and a further 50 offices globally. At the heart of our business is the sustainability by design principle. It is a leading value proposition for our customers delivered by four business lines: Planning & Design, Transportation & Mobility, Water & Energy, Monitoring & Testing.

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Press release - Grontmij completes sell of Telecom division

Persbericht - Grontmij rondt verkoop van Telecom divisie af

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30 Sep 2011 | Press release - Grontmij signs agreement to sell Telecoms division