Match Plan guides Adex Group with PPA (Purchase Price Allocation)

Match Plan has supported Adex Group with the implementation of the Purchase Price Allocation. This request was made in response to financial reporting purposes when preparing financial statements. A Purchase Price Allocation, or Cost Price Allocation, fleshes out how a company incorporates the purchase price of an acquisition into its financial statements. Match Plan assisted Adex Group in this regard in the valuation of intangible assets.

About Adex Group

In October 2022, the management of Bnext.nl Aannemingen (which includes Bnext.nl Projecten, Bnext.nl Sloopwerken, Bnext.nl Milieu, Bnext.nl Grondstoffen and Bnext.nl Hubs) acquired the shares of that part of Bnext.nl. From now on, this group of businesses will continue as Adex Group. The name change to Adex Group ratifies the corporatization.

Adex Group is a sustainable contractor in the demolition sector, recycler of construction and demolition residues and processor of industrial waste. They play a crucial role in the transition to the circular economy. They are engaged in the following three activities: demolitions and projects, recycling, and industrial waste.

Role of Match Plan

Match Plan has supported the Adex Group with a Purchase Price Allocation. This request was made in response to financial reporting purposes when preparing the financial statements. This valuation assignment was carried out under the responsibility of Richard Peeters (Director Valuations).