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{{Use British English|date=January 2020}}
[[File:HBG.png|thumb|HBG logo used from the 1970s to its acquisition by [[Royal BAM Group]].]]
'''Hollandsche Beton Groep nv''' (HBG) was a Netherlands-based [[construction]] group founded in 1902. It expanded internationally in the late 20th century, acquiring businesses in the United Kingdom, before being itself acquired by Netherlands competitor Royal BAM NBM to form the [[Koninklijke BAM Groep|Royal BAM Group]].
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Hollandsche Beton Groep NV was founded in 1902<ref name="Bloomberg">{{cite web |title=Hollandsche Beton Groep NV |url=https://www.bloomberg.com/profile/company/HBG:NA |website=Bloomberg |access-date=6 July 2020}}</ref> as Hollandsche Beton Maatschappij NV (HBM). In 1960, its Indonesian business was nationalized and eventually became PT Hutama Karya (Persero). During the 1970s, HBG began expanding overseas, acquiring the UK-based civil engineering contracting firm [[BAM Nuttall|Edmund Nuttall Ltd]] in 1978.<ref name=nuttalhistory>{{Cite web|url=http://www.bamnuttall.co.uk/history.html|archiveurl=https://web.archive.org/web/20120608023452/http://www.bamnuttall.co.uk/history.html|url-status=dead|title=BAM Nuttall: History|archivedate=8 June 2012}}</ref>
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In February 2002, the whole group was the subject of a takeover bid by Spain's Dragados Group<ref name="FUniv">{{cite web |title=Grupo Dragados SA History |url=http://www.fundinguniverse.com/company-histories/grupo-dragados-sa-history/ |website=Funding Universe |access-date=6 July 2020}}</ref><ref name="WSJ-18Feb2002">{{cite news |last1=Johnson |first1=Keith |title=Dragados's HBG Bid Looks Risky But May Offer Many Advantages |url=https://www.wsj.com/articles/SB1013975068348161200 |access-date=6 July 2020 |work=Wall Street Journal |date=18 February 2002}}</ref> that was cleared by European competition authorities in April 2002.<ref name="EC">{{cite web |title=Commission clears acquisition of HBG by Dragados in the provision of construction and dredging services (10 April 2002) |url=https://ec.europa.eu/commission/presscorner/detail/en/IP_02_536 |website=European Commission |access-date=6 July 2020}}</ref> However, the deal was short-lived
==References==
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