2025 European M&A Outlook Report

Esprit ICT has acquired local specialist in integrated health tech and access control, Act with Care.

The eligibility requirements for the best venture capital deal in Belgium's life sciences sector, as announced at the 2026 M&A Awards Gala.

Smile Invest’s bets are paying off as the Benelux private equity firm celebrates realising its first seven investments.

According to Aon’s 2026 Transaction Solutions Global Claims Study, the ability to transfer risk directly to the insurance market has unlocked a massive segment of the Belgian mid-market.

As more organisations turn towards strategic M&A opportunities – rather than just chasing scale – there’s been a notable increase in dealmaking activity in Belgium’s legal industry as it tries to keep up with rising costs and regulations, especially around AI.

B2B software investor, Fortino Capital, has announced a strategic investment in Operations1, an AI-powered frontline-worker platform for the manufacturing industry.

Belgium-founded biotechnology company, argenx, has signed a definitive agreement to acquire US-based Forte Biosciences for $77 per share in cash, representing a total equity value of approximately $2.2 billion.

Belgium logistics REIT, WDP, is merging with its French counterpart, Argan, to scale their complementary services across Europe.

Dutch family office Strikwerda Investments, via DomiLinq, has acquired a majority stake in Belgian property management company Gerantis.

On 22 July 2026, AI-startup Auditstage announced that it has raised €2 million in a seed funding round led by Smartfin.

At the end of June 2026, Geoffroy Dieu and Raphaël Mirgaux took over ownership of Liége-based food flavour manufacturing company Synaco.

TINC and Infravest, the strategic joint venture of Gimv, WorxInvest and Belfius, invest €11 million each in two large-scale battery energy storage systems in Belgium, developed by BSTOR.