# Gimv combines Baas and Verkley to create national underground infrastructure player

Gimv expands its investment in Verkley by strategically combining it with Baas, creating a national player in underground infrastructure for energy, water and telecom in the Netherlands.

- Type: Acquisition
- Announced: 2021-11-02
- Where: Netherlands, Netherlands
- Jobs: 750
- Status: announced
- Products: underground infrastructure, energy infrastructure, fibre optic networks, horizontal directional drilling
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Gimv](https://endata.com/companies/4203.md) (investor)
- [Verkley](https://endata.com/companies/58604.md) (target)
- [Baas](https://endata.com/companies/58605.md) (target)

## Sources

- [gimv.com](https://www.gimv.com/en/news/gimv-creates-strong-national-player-underground-infrastructure-through-strategic-combination), 2021-11-02: "I see Gimv's joining as an important precondition for further expanding and strengthening our m"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.