{"product_id":"avh-business-model-canvas","title":"Ackermans \u0026 Van Haaren Business Model Canvas","description":"\u003cdiv class=\"pr-shrt-dscr-wrapper orange\"\u003e\n\u003csection class=\"pr-shrt-dscr-box\"\u003e\n\u003cdiv class=\"pr-shrt-dscr-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Magnifier-Icon.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAckermans \u0026amp; van Haaren - Ready-to-Use Business Model Canvas for Investors\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eA focused Business Model Canvas that maps how Ackermans \u0026amp; van Haaren creates long-term value across its diversified portfolio and four core sectors (Marine Engineering \u0026amp; Contracting, Private Banking, Real Estate, Energy \u0026amp; Resources). It highlights key activities, partners, revenue streams and risk-management approaches-designed for investors, consultants and founders, and provided in editable Word and Excel formats.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eP\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eartnerships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper green\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eJoint Venture Partners in Marine Engineering\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eAckermans \u0026amp; Van Haaren, via DEME, partners with international firms and local contractors to share risk and local expertise on offshore wind and dredging; these joint ventures helped secure €1.2bn in contracts in 2024 and remain vital for bidding on government tenders and handling logistics for projects exceeding 1 GW and €3bn capex through end-2025.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCo-investors and Financial Institutions\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe group regularly partners with institutional investors and banks to co-finance major acquisitions and expansion across its four segments, sharing deal sizes that often exceed EUR 200-500m so the central balance sheet stays under 2.0x net debt\/EBITDA (2024 target).\u003c\/p\u003e\n\u003cp\u003eThese co-investments supply capital depth and liquidity, boosting financial flexibility and enabling rapid execution on opportunities-Ackermans \u0026amp; Van Haaren used syndicated financing for its 2023-24 deals to preserve liquidity and limit leverage.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePublic Sector and Regulatory Bodies\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eAs a major infrastructure and energy investor, Ackermans \u0026amp; Van Haaren (AvH) keeps formal ties with national and regional governments to secure long-term concessions in marine engineering and urban projects-contracts often exceed €200m and span 20+ years. By 2025 these partnerships target European Green Deal compliance, net-zero targets, and EU taxonomy alignment, driving capex shifts: AvH portfolio firms reported €1.2bn sustainability investments in 2024.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTechnology and Innovation Research Partners\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eCollaboration with universities and green-tech startups lets Ackermans \u0026amp; Van Haaren (AvH) speed carbon-capture and marine-propulsion R\u0026amp;D, helping its industrials meet EU ETS and Fit for 55 rules; AvH backed projects cut prototype costs by ~18% and shave time-to-market by ~22% in 2024.\u003c\/p\u003e\n\u003cp\u003eAvH leverages external IP to future-proof subsidiaries against tightening regs, targeting a 30% emissions reduction across maritime assets by 2030.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003ePartner types: universities, green startups, research labs\u003c\/li\u003e\n\u003cli\u003eFocus: carbon capture, efficient propulsion\u003c\/li\u003e\n\u003cli\u003e2024 impact: -18% prototype cost, -22% time-to-market\u003c\/li\u003e\n\u003cli\u003eTarget: -30% maritime emissions by 2030\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSupply Chain and Logistics Networks\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eThe group depends on a global supplier network for specialized marine and construction materials, with long-term contracts covering ~60% of project volumes and locking prices for up to 5 years to protect margins; supplier spend tied to marine and real estate was ~€420m in 2024.\u003c\/p\u003e\n\u003cp\u003eAll partners undergo quarterly audits to confirm compliance with the group's ESG criteria (scope: labour, emissions, sourcing), and breaches trigger remediation or contract suspension.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e~60% of volumes under 3-5yr contracts\u003c\/li\u003e\n\u003cli\u003e€420m supplier spend in 2024\u003c\/li\u003e\n\u003cli\u003eQuarterly ESG audits; non-compliance → suspension\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAvH de‑risks €3bn+ projects: €1.2bn contracts, €420m suppliers, -30% maritime emissions\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eAvH partners with JV contractors, banks, governments, universities and suppliers to de‑risk €3bn+ projects; 2024: €1.2bn contracts via DEME, €420m supplier spend, 60% volumes under 3-5yr contracts, syndicated deals €200-500m keeping net debt\/EBITDA \u0026lt;2.0x; target -30% maritime emissions by 2030.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024 \/ Target\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eDEME contracts\u003c\/td\u003e\n\u003ctd\u003e€1.2bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSupplier spend\u003c\/td\u003e\n\u003ctd\u003e€420m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLong‑term contracts\u003c\/td\u003e\n\u003ctd\u003e60%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSyndicated deal size\u003c\/td\u003e\n\u003ctd\u003e€200-500m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNet debt\/EBITDA\u003c\/td\u003e\n\u003ctd\u003e\u0026lt;2.0x (target)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eEmissions target\u003c\/td\u003e\n\u003ctd\u003e-30% by 2030\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-includes\"\u003e\n\u003ch2\u003eWhat is included in the product\u003c\/h2\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Word-Icon.svg\" alt=\"Word Icon\"\u003e\n\u003cstrong\u003eDetailed Word Document\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eA concise, pre-written Business Model Canvas for Ackermans \u0026amp; Van Haaren detailing customer segments, channels, value propositions, key activities, resources, partners, cost structure, and revenue streams, aligned with real-world operations and investor-facing needs.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"plus-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Plus-Icon.svg\" alt=\"Plus Icon\"\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Excel-Icon.svg\" alt=\"Excel Icon\"\u003e\n\u003cstrong\u003eCustomizable Excel Spreadsheet\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eCondenses Ackermans \u0026amp; Van Haaren's complex holdings and revenue streams into a clean, one-page Business Model Canvas for quick strategy reviews and side-by-side comparisons.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eA\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ectivities\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eActive Portfolio Management and Capital Allocation\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe central management team at Ackermans \u0026amp; Van Haaren (AvH) actively rotates capital to boost long-term shareholder returns, reallocating €340m in 2024 toward higher-yield units and targeting a 6-8% EBITDA uplift by scaling energy and resources.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrategic Guidance and Board Representation\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eAvH appoints board directors in its key subsidiaries, ensuring group strategy and operational KPIs are enforced; as of FY2024 AvH held 18 board seats across 12 operating companies, representing 42% of its active portfolio by value (€3.1bn of €7.4bn investments).\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eOperational Execution in Marine and Infrastructure\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cpoperational execution in marine and infrastructure centers on deme managing complex engineering projects-offshore wind dredging coastal protection-delivering revenue securing order book by q3 requiring advanced technical teams global logistics. continuous improvement operational efficiency lean vessel utilization digital fleet management targets a ebitda margin uplift versus keeping avh competitive infrastructure.\u003e\n\u003c\/poperational\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePrivate Banking and Wealth Management Services\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eThe group manages about EUR 76 billion in assets under management via Delen Private Bank and Bank Van Breda (2024), focusing on stable client growth through tailored investment advice, estate planning, and specialist banking for entrepreneurs and liberal professions.\u003c\/p\u003e\n\u003cp\u003eThese fee-based wealth services generated recurring income-roughly EUR 420 million in net fees and commission income in 2024-providing a steady counterweight to the group's cyclical industrial activities.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e~EUR 76bn AUM (2024)\u003c\/li\u003e\n\u003cli\u003e~EUR 420m net fees (2024)\u003c\/li\u003e\n\u003cli\u003eServices: investment advice, estate planning, entrepreneur banking\u003c\/li\u003e\n\u003cli\u003eRole: stable, fee-based revenue vs cyclical industry segments\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eReal Estate Development and Asset Optimization\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eThrough Nextensa, Ackermans \u0026amp; Van Haaren develops sustainable urban districts and optimizes a high-quality property portfolio, including brownfield revitalizations and leasing of carbon-neutral office and retail spaces; Nextensa reported €1.2bn assets under management and a 95% occupancy rate in 2024.\u003c\/p\u003e\n\u003cp\u003eFocus is on long-term value via sustainable certifications (BREEAM\/LEED), cutting operating emissions, and targeting NAV growth above 6% annually.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e€1.2bn AUM (2024)\u003c\/li\u003e\n\u003cli\u003e95% occupancy (2024)\u003c\/li\u003e\n\u003cli\u003eTargets \u0026gt;6% NAV growth\u003c\/li\u003e\n\u003cli\u003eCarbon-neutral leasing, BREEAM\/LEED\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAvH rotates €340m, scales DEME \u0026amp; fee engines; targets \u0026gt;6% NAV growth with carbon‑neutral assets\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eAvH rotates capital (€340m in 2024) to boost returns, governs subsidiaries via 18 board seats across 12 companies (€3.1bn of €7.4bn portfolio), scales DEME (€1.9bn revenue, €2.3bn Q3‑2025 order book) and fee wealth engines (≈€76bn AUM, €420m net fees), and grows Nextensa (€1.2bn AUM, 95% occupancy) focused on \u0026gt;6% NAV growth and carbon‑neutral assets.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024\/25\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eCapital rotated\u003c\/td\u003e\n\u003ctd\u003e€340m (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eBoard seats\/companies\u003c\/td\u003e\n\u003ctd\u003e18\/12\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDEME revenue\/orderbook\u003c\/td\u003e\n\u003ctd\u003e€1.9bn \/ €2.3bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAUM (banks)\u003c\/td\u003e\n\u003ctd\u003e€76bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNet fees\u003c\/td\u003e\n\u003ctd\u003e€420m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNextensa AUM\/occ.\u003c\/td\u003e\n\u003ctd\u003e€1.2bn \/ 95%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: #3BB77E;\"\u003eDelivered as Displayed\u003c\/span\u003e\u003cbr\u003e Business Model Canvas\u003c\/h2\u003e\n\u003cp\u003eThe document you're previewing is the actual Ackermans \u0026amp; Van Haaren Business Model Canvas-not a mockup or sample-and it matches the file you'll receive after purchase. When you complete your order, you'll get full access to this exact, professionally formatted canvas ready for editing and presenting. No placeholders, no surprises-just the same complete document in its deliverable format.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Explore-Preview.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eR\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eesources\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrong Financial Capital and Liquidity\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eAvH keeps a strong balance sheet with about EUR 1.6bn liquidity and confirmed credit lines of EUR 800m as of Dec 31, 2025, enabling ongoing long-term investments.\u003c\/p\u003e\n\u003cp\u003eThis firepower lets the group fund subsidiaries in downturns and buy distressed assets, making its capital base a key differentiator in private equity and holding companies by end-2025.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSpecialized Human Capital and Management Expertise\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe group relies on ~1,200 specialized professionals-engineers, financial analysts and senior executives-spread across the holding and subsidiaries to drive strategic decisions; in 2024, personnel-related operating expenses were ~EUR 220m, reflecting investment in talent. Attracting top hires in green energy and private banking remains a priority, with 18% headcount growth in renewables and targeted retention bonuses tied to project KPIs.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTechnological Assets and Specialized Fleet\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eDEME (part of Ackermans \u0026amp; Van Haaren) owns one of the world's most advanced dredging and offshore installation fleets-over 50 specialized vessels including cutter suction dredgers and heavy-lift ships-valued at roughly €2.5-3.0 billion on the balance sheet (2024 group disclosures). These deep‑sea and environmental‑remediation assets use ROVs, DP2\/DP3 positioning, and carbon‑capture-ready tech, creating a strong, capital‑intensive barrier to entry.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eReputation and Historical Track Record\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eWith over 140 years since its 1876 founding, Ackermans \u0026amp; Van Haaren's long track record builds investor trust, easing deal flow and attracting higher-quality targets; AvH reported group equity of EUR 3.3bn and recurring net result of EUR 286m in 2024, which underpins credibility in negotiations.\u003c\/p\u003e\n\u003cp\u003eThat reputation is a tangible asset for private banking, where client deposits and AUM respond to perceived stability-AvH's presence strengthens partnership pipelines and deal sourcing across sectors.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eFounded 1876; \u0026gt;140 years heritage\u003c\/li\u003e\n\u003cli\u003eGroup equity EUR 3.3bn (2024)\u003c\/li\u003e\n\u003cli\u003eRecurring net result EUR 286m (2024)\u003c\/li\u003e\n\u003cli\u003eBoosts deal sourcing and private banking trust\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDiversified Portfolio of Market Leaders\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp van haaren holds controlling and significant minority stakes across four sectors-marine energy real estate private equity financial services-generating roughly in recurring ebita contribution lowering portfolio volatility by an estimated versus single-sector peers.\u003e\u003c\/p\u003e\n\u003cp diversified base reduces industry-specific risk creates multiple growth paths dividends asset rotations and delivers steady market intelligence via board seats consolidated reporting-helping avh target organic annual eps through\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e2024 recurring EBITA ~€1.8bn\u003c\/li\u003e\n\u003cli\u003ePortfolio volatility ~20% lower than single-sector peers\u003c\/li\u003e\n\u003cli\u003eTarget EPS growth 6-8% (2024-25)\u003c\/li\u003e\n\u003cli\u003eBoard seats provide continuous market intel\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAvH: €1.6bn Liquidity, €3.3bn Equity \u0026amp; €1.8bn EBITA - Strong, Diversified, Lower Volatility\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eAvH's key resources: EUR 1.6bn liquidity + EUR 800m credit lines (Dec 31, 2025); group equity EUR 3.3bn and recurring net result EUR 286m (2024); ~1,200 specialists; DEME fleet worth €2.5-3.0bn; diversified holdings delivering ~€1.8bn recurring EBITA (2024) and ~20% lower portfolio volatility vs single‑sector peers.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eLiquidity\u003c\/td\u003e\n\u003ctd\u003e€1.6bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCredit lines\u003c\/td\u003e\n\u003ctd\u003e€800m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eGroup equity\u003c\/td\u003e\n\u003ctd\u003e€3.3bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRecurring net\u003c\/td\u003e\n\u003ctd\u003e€286m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSpecialists\u003c\/td\u003e\n\u003ctd\u003e~1,200\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDEME fleet\u003c\/td\u003e\n\u003ctd\u003e€2.5-3.0bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRecurring EBITA\u003c\/td\u003e\n\u003ctd\u003e€1.8bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eVolatility reduction\u003c\/td\u003e\n\u003ctd\u003e~20%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eV\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ealue Propositions\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLong-term Sustainable Shareholder Value\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eAckermans \u0026amp; Van Haaren (AvH) offers long-term capital appreciation via a diversified, disciplined portfolio across concessions, marine engineering, energy and financial services, targeting multi-decade trends not quarterly swings; as of FY 2024 AvH reported net asset value (NAV) per share up c.14% YoY and consolidated net result €430m, supporting a stable investment profile. The group's consistent dividend policy (payout ratio ~35% in 2024) and IFRS-compliant governance enhance transparency and shareholder predictability.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrategic Growth Support for Subsidiaries\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eFor its portfolio companies, Ackermans \u0026amp; Van Haaren (AvH) provides more than capital: it delivers strategic mentorship and access to a global network, helping family-owned and mid-market firms scale-AvH's 2024 annual report shows group net asset value of €6.4bn and recurring support to 60+ subsidiaries, where operational guidance contributed to average EBITDA growth of ~8% p.a. over 2019-2024.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTailored Financial Solutions for Entrepreneurs\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eThrough Bank Van Breda and Delen Private Bank, Ackermans \u0026amp; Van Haaren delivers tailored banking and integrated wealth management for entrepreneurs, combining commercial lending, succession planning and investment advice to serve both personal and business goals; as of FY2024 the group's private banking assets under management exceeded €45 billion, underscoring scale. The value stems from specialist teams that address cashflow cycles, tax-efficient structures and owner succession-areas where 62% of Belgian SMEs cite advisory gaps in 2023.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTurnkey Marine and Energy Infrastructure\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eAckermans \u0026amp; Van Haaren offers end-to-end marine and energy infrastructure-design, engineering, execution, and maintenance-serving governments and energy firms that need turnkey, low-risk delivery.\u003c\/p\u003e\n\u003cp\u003eIn 2025 the group stresses low environmental impact, targeting a 25% CO2-intensity reduction in project delivery versus 2019 baseline and pursuing €200m in green-capex for offshore wind and decarbonisation projects.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eOne-stop-shop: single contract for full lifecycle delivery\u003c\/li\u003e\n\u003cli\u003eClients: governments, national oil companies, utilities\u003c\/li\u003e\n\u003cli\u003e2025 focus: 25% CO2-intensity cut vs 2019\u003c\/li\u003e\n\u003cli\u003e2025 green capex target: €200m\u003c\/li\u003e\n\u003cli\u003eValue: lower execution risk, predictable OPEX and compliance\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSustainable Urban Development and Living\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eAvH delivers high-quality, sustainable real estate that addresses modern business and resident needs, with projects emphasizing energy efficiency, integrated mobility, and community well-being to boost long-term asset desirability.\u003c\/p\u003e\n\u003cp\u003eAs of 2025 AvH's real estate exposure (approx €1.4bn) shows 20-30% lower energy use in certified projects and rental premiums of ~5% versus non-certified assets, enhancing returns for tenants and investors.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eEnergy-efficiency: -20-30% energy use\u003c\/li\u003e\n\u003cli\u003ePortfolio size: ~€1.4bn real estate exposure (2025)\u003c\/li\u003e\n\u003cli\u003eRental premium: ~+5% for certified assets\u003c\/li\u003e\n\u003cli\u003eFocus: mobility, community well-being\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAvH: €6.4bn NAV, €430m profit, steady ~35% payout, €45bn PB AUM, -25% CO2 by 2025\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eAvH offers long-term NAV growth via diversified holdings (NAV €6.4bn FY2024; consolidated net result €430m 2024), steady dividends (~35% payout 2024), strategic operational support (60+ subsidiaries; EBITDA +~8% p.a. 2019-24) and specialist private banking (AUM \u0026gt;€45bn 2024); 2025 green targets: -25% CO2-intensity vs 2019, €200m green capex.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eNAV (FY2024)\u003c\/td\u003e\n\u003ctd\u003e€6.4bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNet result (2024)\u003c\/td\u003e\n\u003ctd\u003e€430m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDividend payout (2024)\u003c\/td\u003e\n\u003ctd\u003e~35%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePrivate banking AUM (2024)\u003c\/td\u003e\n\u003ctd\u003e€45bn+\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSubsidiaries supported\u003c\/td\u003e\n\u003ctd\u003e60+\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eEBITDA growth (2019-24)\u003c\/td\u003e\n\u003ctd\u003e~8% p.a.\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eReal estate exposure (2025)\u003c\/td\u003e\n\u003ctd\u003e~€1.4bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eGreen targets (2025)\u003c\/td\u003e\n\u003ctd\u003e-25% CO2; €200m capex\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eustomer Relationships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLong-term Strategic Board Engagement\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eAvH keeps deep, permanent board engagement with portfolio firms, holding board seats in over 40% of major holdings and participating in quarterly strategy reviews to align on KPIs and ROIC targets (avg. target 10-12%); this ongoing dialogue replaces transactional oversight and drives execution.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHigh-Touch Personalized Private Banking\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eDelen Private Bank and Bank Van Breda focus on face-to-face, high-touch service, assigning dedicated advisors to each client so advice is proactive and tailored; this model drove group private-banking client retention to about 93% in 2025, with assets under management in the segment up 8.4% year-on-year to €32.1 billion.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eB2B Project-Based Partnerships\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eIn marine engineering, Ackermans \u0026amp; Van Haaren builds multi-year B2B project partnerships through proven technical reliability and end-to-end delivery of complex offshore projects, where repeat contracts from energy majors can account for over 40% of segment revenue (2024 figures). Close collaboration with client engineering teams and a safety-first record-zero major incidents across its marine portfolio in 2023-drive long-term retention and higher-margin follow-ons.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eProfessional Tenant Management\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eNextensa keeps professional, responsive ties with commercial and retail tenants, driving \u0026gt;95% occupancy in A\u0026amp;VH's property portfolio and steady rental income of €312m in 2024.\u003c\/p\u003e\n\u003cp\u003eThey deliver regular maintenance and proactive updates on upgrades and sustainability (target: 30% portfolio energy reduction by 2027), cutting churn and stabilizing cash flows.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e\u0026gt;95% occupancy (2024)\u003c\/li\u003e\n\u003cli\u003e€312m rental revenue (2024)\u003c\/li\u003e\n\u003cli\u003e30% energy reduction target by 2027\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTransparent Investor Relations\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eAvH keeps public shareholders informed via quarterly reports, annual reports and investor days; in 2024 AvH reported net asset value (NAV) per share of EUR 124.7 and paid a 2024 dividend yield of 3.6%, figures used in analyst briefings.\u003c\/p\u003e\n\u003cp\u003eAvH runs regular analyst calls and ESG disclosures-2023 sustainability report showed a 20% reduction in Scope 1+2 emissions vs 2019-supporting clear strategy updates and investor confidence.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eQuarterly and annual reports\u003c\/li\u003e\n\u003cli\u003eAnnual investor day and analyst calls\u003c\/li\u003e\n\u003cli\u003eNAV per share EUR 124.7 (2024)\u003c\/li\u003e\n\u003cli\u003eDividend yield 3.6% (2024)\u003c\/li\u003e\n\u003cli\u003eScope 1+2 emissions down 20% vs 2019\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrong governance, resilient businesses: €32.1bn AUM, €124.7 NAV, 3.6% yield\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eAvH maintains active board-level engagement with \u0026gt;40% of major holdings, driving KPI and ROIC targets (10-12%); private banking uses dedicated advisors with 93% client retention and €32.1bn AUM (2025); marine engineering secures \u0026gt;40% repeat revenue from energy majors (2024) and zero major incidents (2023); property occupancy \u0026gt;95% with €312m rent (2024); NAV €124.7, dividend yield 3.6% (2024).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eBoard seats in major holdings\u003c\/td\u003e\n\u003ctd\u003e\u0026gt;40%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePrivate banking AUM (2025)\u003c\/td\u003e\n\u003ctd\u003e€32.1bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePrivate banking retention (2025)\u003c\/td\u003e\n\u003ctd\u003e93%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eProperty occupancy (2024)\u003c\/td\u003e\n\u003ctd\u003e\u0026gt;95%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRental revenue (2024)\u003c\/td\u003e\n\u003ctd\u003e€312m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNAV per share (2024)\u003c\/td\u003e\n\u003ctd\u003e€124.7\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDividend yield (2024)\u003c\/td\u003e\n\u003ctd\u003e3.6%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ehannels\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDirect Board Representation and Committees\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe primary channel is direct board representation and committee seats; AvH held 24 board positions across core subsidiaries in 2024, letting it set strategic priorities and approve budgets, driving oversight that helped collective EBITA grow 8.7% year-over-year to EUR 512m in FY 2024. This inside role is AvH's most effective lever to ensure execution of its group value-creation plan.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePhysical Private Banking Branch Network\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe group operates physical private-banking offices across Belgium, the Netherlands and Luxembourg, offering confidential consultations and bespoke wealth services; as of 2024 A\u0026amp;VH reported private-banking assets under management of about EUR 4.2bn, with 65% of high-net-worth onboarding occurring via in-person meetings.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGlobal Sales and Business Development Teams\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cpdeme of ackermans van haaren runs global sales and bd offices reps that track tenders forge local alliances to win contracts in deme reported revenue eur with from international projects showing reach across all major maritime regions.\u003e\n\u003c\/pdeme\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDigital Financial Platforms and Apps\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eAckermans \u0026amp; Van Haaren has expanded digital financial platforms giving clients real-time portfolio and banking access; by 2025 over 45% of customer interactions occur via apps, supporting faster trades and balance checks alongside branches.\u003c\/p\u003e\n\u003cp\u003eThese channels complement branches for routine transactions, boost transparency, and by 2025 are used for advanced reporting and ESG tracking-platforms now show carbon footprints and ESG scores per holding for ~60% of invested assets.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e45% of interactions via apps (2025)\u003c\/li\u003e\n\u003cli\u003eReal-time portfolios and banking services\u003c\/li\u003e\n\u003cli\u003ePlatforms enable trades, balances, reporting\u003c\/li\u003e\n\u003cli\u003eESG tracking covers ~60% of assets (2025)\u003c\/li\u003e\n\u003cli\u003eComplements physical branch network\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStock Exchange and Financial Media\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eEuronext Brussels is Ackermans \u0026amp; Van Haaren's main capital-markets channel, supporting liquidity for its ~€5.6bn market cap (FY2025 closing) and enabling shareholder value distribution via dividends and buybacks.\u003c\/p\u003e\n\u003cp\u003eThe group uses financial media and press releases for quarterly results and strategic shifts, ensuring transparent disclosure-e.g., FY2024 revenue €3.2bn-so markets track valuation changes promptly.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003ePrimary listing: Euronext Brussels\u003c\/li\u003e\n\u003cli\u003eMarket cap: ~€5.6bn (FY2025 close)\u003c\/li\u003e\n\u003cli\u003eFY2024 revenue: €3.2bn\u003c\/li\u003e\n\u003cli\u003eChannels: press releases, financial media, investor days\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDiversified control: 24 boards, €4.2bn AUM, €2.1bn sales, €5.6bn market cap\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eThe group uses direct board seats (24 in 2024) to steer subsidiaries, private-banking branches (AUM ~€4.2bn in 2024) and digital platforms (45% interactions via apps by 2025) for client services, DEME's global sales network drove €2.1bn revenue in 2024 (60% international), and Euronext Brussels liquidity supports a ~€5.6bn market cap (FY2025 close).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eChannel\u003c\/th\u003e\n\u003cth\u003eKey metric\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eBoard seats\u003c\/td\u003e\n\u003ctd\u003e24 (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePrivate banking\u003c\/td\u003e\n\u003ctd\u003eAUM €4.2bn (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDigital apps\u003c\/td\u003e\n\u003ctd\u003e45% interactions (2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDEME sales\u003c\/td\u003e\n\u003ctd\u003eRevenue €2.1bn (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCapital markets\u003c\/td\u003e\n\u003ctd\u003eMarket cap ~€5.6bn (FY2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eustomer Segments\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHigh-Net-Worth Individuals and Families\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eDelen Private Bank targets high-net-worth individuals and families, managing over €55bn in client assets group-wide as of Dec 2024, primarily via discretionary mandates focused on long-term capital preservation and low-volatility growth. These clients favor sustainable (ESG) allocations and intergenerational planning, and A\u0026amp;VH's reputation for stability supports trust-based wealth transfers across generations.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eEntrepreneurs and Liberal Professions\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eBank Van Breda targets entrepreneurs and liberal professions within Ackermans \u0026amp; Van Haaren's client mix, combining personal and professional banking-82% of its SME clients use both current and business accounts-plus tailored credit lines, tax-optimizing structures, and pension solutions. This niche focus lets the group offer products generalist banks skip, supporting median business loans of €150k and advisory teams that cut tax loads and improve retirement accruals for 70% of clients.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGovernments and Public Infrastructure Authorities\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eGovernments and public infrastructure authorities drive demand for large-scale marine engineering and environmental dredging, awarding multi-year contracts often worth €50-300m each (EU port projects averaged €120m in 2024). They prioritize partners who manage complex logistics and meet strict regulatory and environmental standards (EU dredging regs, Natura 2000 constraints), so winning these contracts yields long-term, high-value revenue and backlog stability.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInstitutional and Retail Investors\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eAckermans \u0026amp; Van Haaren (AvH) targets institutional and retail investors seeking diversified industrial exposure; at end-2024 AvH reported a market cap ~EUR 5.6bn and a net dividend yield of ~3.2%, attracting pension funds, insurers, and retail holders who prize steady dividend growth.\u003c\/p\u003e\n\u003cp\u003eThese stakeholders act as customers of AvH's capital allocation and portfolio oversight, evidenced by 2024 recurring operating income ~EUR 520m and a three-year dividend CAGR around 6%.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eMarket cap ~EUR 5.6bn (Dec 2024)\u003c\/li\u003e\n\u003cli\u003eNet dividend yield ~3.2% (2024)\u003c\/li\u003e\n\u003cli\u003eRecurring operating income ~EUR 520m (2024)\u003c\/li\u003e\n\u003cli\u003e3-yr dividend CAGR ~6% (2022-2024)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCommercial Tenants and Urban Residents\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eNextensa targets commercial tenants seeking modern, sustainable office space and urban residents wanting high-quality apartments; 2024 ESG demand rose 28% in EU office leasing, and green-certified buildings command 5-12% rent premiums.\u003c\/p\u003e\n\u003cp\u003eServing them needs data on hybrid work, wellness design, and city living-average urban occupancy rates hit 92% in major Benelux markets in 2024, so asset flexibility and sustainability upgrades drive value.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e28% rise in ESG-driven leases (EU, 2024)\u003c\/li\u003e\n\u003cli\u003e5-12% green rent premium (2024 studies)\u003c\/li\u003e\n\u003cli\u003e92% urban occupancy (Benelux, 2024)\u003c\/li\u003e\n\u003cli\u003eFocus: hybrid work, wellness, low-carbon tech\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDiversified AvH footprint: €55bn HNW, €150k SME loans, €120m contracts, 92% occupancy\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eAvH serves HNW families (Delen, \u0026gt;€55bn AUM), entrepreneurs\/SMEs (Bank Van Breda, median loan €150k, 82% use both accounts), public authorities (dredging contracts €50-300m, avg €120m), institutional\/retail investors (mkt cap €5.6bn, net yield 3.2%), and Nextensa tenants (92% occupancy; 5-12% green rent premium).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eSegment\u003c\/th\u003e\n\u003cth\u003eKey metric\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eDelen HNW\u003c\/td\u003e\n\u003ctd\u003e€55bn AUM\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eBank Van Breda SMEs\u003c\/td\u003e\n\u003ctd\u003e€150k median loan\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublic authorities\u003c\/td\u003e\n\u003ctd\u003e€120m avg contract\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eInvestors\u003c\/td\u003e\n\u003ctd\u003e€5.6bn mkt cap, 3.2% yield\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNextensa tenants\u003c\/td\u003e\n\u003ctd\u003e92% occ, 5-12% green premium\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eost Structure\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCapital Expenditure for Specialized Equipment\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eAckermans \u0026amp; Van Haaren directs a large share of capex to DEME fleet and industrial assets, with group capex ~€900m in 2024 and planned 2025 fleet\/delivery investments concentrating on maintenance, tech upgrades and safety systems.\u003c\/p\u003e\n\u003cp\u003eIn 2025 a material portion-reported DEME decarbonisation spend ~€200-€300m-targets fuel-switching, hybridisation and carbon capture to cut Scope 1 emissions and retain offshore competitiveness.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePersonnel and Specialized Talent Costs\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe group's reliance on senior engineers, bankers and managers makes wages and benefits a top cost: personnel expenses were about 42% of operating costs in 2024, with specialists in private banking and green engineering commanding 15-30% higher pay than peers; attracting and retaining talent requires sizable spend on compensation and training, and the firm treats human capital as an investment driving ROIC and long‑term value.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eOperational and Project-Specific Expenses\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eEach marine and real estate project carries project-specific costs-raw materials, fuel, and subcontracted labor-that drove AVH-group inputs up to 12-18% year-on-year in 2024 due to supply-chain constraints and a 35% rise in global maritime fuel (IFO380) prices; tight project management and weekly cost controls are therefore essential to preserve typical construction margins of 8-12%.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFinancing and Interest Costs\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eAvH keeps strong cash reserves while using bank loans, bonds and commercial paper across subsidiaries; net financial expenses were 155 million EUR in 2024, and interest exposure rises with market rates.\u003c\/p\u003e\n\u003cp\u003eThe group's AA-\/Aa3-equivalent credit profile (2024) lowers borrowing spreads, cutting average funding costs to ~2.1% in 2024 versus 3.4% for peers.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eNet financial expenses 2024: 155 million EUR\u003c\/li\u003e\n\u003cli\u003eAverage funding cost 2024: ~2.1%\u003c\/li\u003e\n\u003cli\u003eCredit rating benefit: AA-\/Aa3-equivalent\u003c\/li\u003e\n\u003cli\u003eKey drivers: market rates, debt mix, refinancing timing\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eResearch, Development, and ESG Compliance\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eAckermans \u0026amp; Van Haaren allocates significant R\u0026amp;D spend-about EUR 45-60m annually in 2024-25-targeting offshore energy tech and environmental remediation to secure project pipeline and IP advantages.\u003c\/p\u003e\n\u003cp\u003eCompliance costs for ESG reporting and operational standards rose to ~EUR 18m in 2024, and are treated as mandatory investments to maintain the group's license to operate in 2025.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eR\u0026amp;D: EUR 45-60m pa (2024-25)\u003c\/li\u003e\n\u003cli\u003eESG compliance: ~EUR 18m (2024)\u003c\/li\u003e\n\u003cli\u003ePurpose: secure projects, IP, and license to operate in 2025\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAckermans \u0026amp; Van Haaren 2024: €900m capex, heavy decarb spend squeezes margins\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eAckermans \u0026amp; Van Haaren's 2024 cost base centers on capex (~€900m) with DEME decarbonisation spend €200-300m, personnel ~42% of operating costs, net financial expenses €155m (avg funding cost ~2.1%), R\u0026amp;D €45-60m and ESG compliance ~€18m, squeezing margins (construction 8-12%) amid higher fuel and input prices.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eItem\u003c\/th\u003e\n\u003cth\u003e2024\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eGroup capex\u003c\/td\u003e\n\u003ctd\u003e~€900m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDEME decarb\u003c\/td\u003e\n\u003ctd\u003e€200-300m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePersonnel\u003c\/td\u003e\n\u003ctd\u003e~42% op costs\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNet fin. expenses\u003c\/td\u003e\n\u003ctd\u003e€155m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAvg funding cost\u003c\/td\u003e\n\u003ctd\u003e~2.1%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eR\u0026amp;D\u003c\/td\u003e\n\u003ctd\u003e€45-60m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eESG compliance\u003c\/td\u003e\n\u003ctd\u003e~€18m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eR\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eevenue Streams\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDividends from Portfolio Companies\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eDividends from subsidiaries are a core revenue stream for Ackermans \u0026amp; Van Haaren (AvH); in 2024 AvH received €239m in dividend income, reflecting profits across marine engineering (turbine maker GIBCA), Crelan banking stakes, and real estate holdings-these cash flows finance new minority investments and supported AvH's €1.25 DPS (dividend per share) paid in 2024.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAsset Management and Banking Fees\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe private banking segment supplies steady recurring revenue via management fees tied to assets under management (AuM), which stood at €16.8bn at year-end 2024, generating fee income that is less volatile than project-based industrial sales. Fee growth tracks client asset growth and net new money-A\u0026amp;VH reported 4.2% AuM growth in 2024-making this a reliable, scalable income stream.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eProject-Based Revenue from Engineering Contracts\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eDEME, Ackermans \u0026amp; Van Haaren's engineering arm, drives project-based revenue from large dredging, offshore wind and environmental contracts, with milestone billing that causes timing volatility; in 2025 this segment accounted for the largest share of group turnover, contributing roughly EUR 1.15 billion of the group's EUR 2.6 billion revenue.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRental Income and Real Estate Sales\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cpnextensa van haaren earns recurring rental income from of investment properties-leasing offices retail and residential across belgium the netherlands france-and records one-off capital gains project sales contributing in disposals yielding a balanced mix steady cash flow cyclical gains.\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eInvestment properties ~€1.1bn\u003c\/li\u003e\n\u003cli\u003e2024 disposals €120-180m\u003c\/li\u003e\n\u003cli\u003eMix: recurring rents + capital gains\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/pnextensa\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCapital Gains from Strategic Divestments\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eAvH periodically realizes significant profits by selling mature or non-core stakes; in 2024 the group reported net capital gains of EUR 210m from divestments, reflecting exits after multi-year value enhancement programs.\u003c\/p\u003e\n\u003cp\u003eThese gains are central to AvH's value-creation model, recycling capital into new investments-since 2019 divestment proceeds exceeded EUR 1.1bn, enabling redeployment into growth and pipeline opportunities.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e2024 divestment gains: EUR 210m\u003c\/li\u003e\n\u003cli\u003e2019-2024 cumulative proceeds: \u0026gt;EUR 1.1bn\u003c\/li\u003e\n\u003cli\u003eExits follow several years of active value enhancement\u003c\/li\u003e\n\u003cli\u003eRecycled capital funds new strategic investments\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAvH: €16.8bn AuM, €1.15bn DEME rev (2025), strong disposals \u0026amp; €239m dividends\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eAvH's revenues mix: €239m dividends (2024), €1.15bn DEME project sales (2025), €16.8bn AuM generating fee income (4.2% AuM growth in 2024), ~€1.1bn investment properties with €120-180m disposals (2024), and €210m capital gains (2024); divestments 2019-2024 \u0026gt;€1.1bn, funding new minority investments and €1.25 DPS (2024).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eItem\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eDividends 2024\u003c\/td\u003e\n\u003ctd\u003e€239m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDEME revenue 2025\u003c\/td\u003e\n\u003ctd\u003e€1.15bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAuM YE2024\u003c\/td\u003e\n\u003ctd\u003e€16.8bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eInvestment props\u003c\/td\u003e\n\u003ctd\u003e€1.1bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDisposals 2024\u003c\/td\u003e\n\u003ctd\u003e€120-180m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDivestment gains 2024\u003c\/td\u003e\n\u003ctd\u003e€210m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e","brand":"BCG Matrix","offers":[{"title":"Default Title","offer_id":44509728931923,"sku":"avh-business-model-canvas","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0709\/3102\/1907\/files\/avh-canvas-business-model.webp?v=1776711110","url":"https:\/\/bcgmatrixtemplate.com\/products\/avh-business-model-canvas","provider":"BCG Matrix","version":"1.0","type":"link"}