EUR 145m

January 2018

ASVB

Option analysis refinancing

  • Aan de Stegge Verenigde Bedrijven (ASVB) is a family owned construction company that has grown significantly through its ‘buy and build’ strategy. With EUR 742m turnover it is one of the top players in the Dutch construction industry;
  • In the first half of 2018 Avaxa benchmarked the existing terms & conditions of the financing and guarantee facilities of ASVB to identify improvement potential for ASVB;
  • This has resulted into an amended financing package with improved terms and conditions, including enhanced operational and financial flexibility, allowing ASVB to pursue its strategy of further growth.