Van Oord has reached an agreement with Ballast Nedam on the acquisition of Ballast Nedam Offshore's activities and assets, for an undisclosed sum. Houthoff Buruma is advising Van Oord on this matter. The acquisition is part of Van Oord’s strategy to expand its Offshore Wind Projects business unit. The transaction is expected to be finalized before the end of 2014 subject to the customary conditions, including obtaining approval from the competition authorities.

Houthoff Buruma team included: Eddie Meijer, Maurits de Haan, Gerrit Oosterhuis, Maarten Minnaard