Dealflash

Belgian pet‑product wholesaler Flamingo Pet Products expands its European reach by acquiring Dutch distributor Plenty Gifts, adding calendars, puzzles and seasonal gifts to its existing 8,500‑item portfolio.

Belgian investor Cobepa has expanded its U.S. footprint with two acquisitions: a minority stake in New Jersey advisor Sax and a majority holding in Virginia fire‑protection specialist Eagle Fire, leveraging over €1.2 billion in cash reserves to drive growth across accounting, cybersecurity and safety services.

Consultancy and accounting firm Moore Belgium has completed its largest takeover to date.

Delay despite recent clearances from German and Dutch regulators.

Belgian IT company Alistar, formerly known as ESC Group from Ghent, has acquired Harbers Group, an IT services provider based in Lichtenvoorde, the Netherlands.

Canadian institutional investor CPP Investments has acquired a 20 percent stake in team.blue, one of Europe’s largest digital service providers for SMEs, in a transaction valuing the company at 4.8 billion euros.

Gheeraert Group, a well-established name in Belgian transport and logistics, has announced the acquisition of Group De Rudder, further consolidating its footprint in the sector. The move unites two family-run businesses with complementary strengths and a shared long-term vision.

Belgian software company SOFICO, a leading provider of vehicle lifecycle management solutions, has announced the integration of UBench, a specialist in claims and damage management. The move marks a key milestone in the digital transformation of mobility services for leasing companies, fleet operators, and automotive finance providers in Belgium and across Europe.

The move strengthens Dentius' position in the Netherlands and propels the group into the top three dental chains in the Benelux region, according to Belgian business newspaper De Tijd.

Belgium’s largest producer of frozen fries, Clarebout Potatoes, has been officially acquired by the American agribusiness giant J.R. Simplot Company, marking a significant consolidation in the global potato industry.

Leading Belgian IT company ConXioN continues its growth trajectory with the acquisition of Cats&Dogs, a technology firm based at the Corda Campus innovation hub in Hasselt.

Belgian energy company EnergyVision has made its stock market debut on Euronext Brussels, becoming the first Belgian company to go public in four years. Founders Maarten Michielssens, Hassan Mourhit, and Koen Decourt rang the opening bell this morning at 9:00 a.m., officially launching the company’s IPO under the ticker symbol ENRGY.

The Belgian family invests in sustainable and conscious consumption.

The dgtgroup from Belgium, formerly known as Digitopia until 2023, has acquired Dutch companies NFGD from Zoetermeer and TSS from Utrecht.

Belgian-based Aminolabs Nutrition has announced the strategic acquisition of Zoka Pharma, a Valencia-based producer of nutritional supplements, in a move to expand its European footprint and diversify its product offerings.

Dutch IT group Odin Groep has strengthened its presence in the Belgian market with the acquisition of Assyst Europe, an IT services provider based in Waals-Brabant. The move is part of Odin’s strategy to expand internationally while maintaining a strong local presence.

European tech investor Fortino Capital has acquired MEHRWERK, a leading process intelligence software company, in a move aimed at accelerating innovation in AI-driven process automation.

BC Partners has acquired a majority stake in Dutch healthcare tooling specialist IGS GeboJagema, in partnership with existing investor Smile Invest and the company’s management team.

Unikoo, the rapidly growing strategic and operational partner for start-ups, scale-ups, and SMEs, has acquired Ghent-based marketing agency Marked.

SAP consulting firm Persolis has officially joined the Expertum Group, a strategic move that strengthens both companies' capabilities in delivering comprehensive SAP services across the Benelux region and beyond.

European growth investment firm Verdane has announced a strategic partnership with mobile application security leader Guardsquare. The investment aims to scale Guardsquare’s reach and address the rising threats in the mobile app security landscape.

Dutch waste-tech company Seenons has announced a major investment from private equity firm Fortino Capital, marking a significant step in its mission to scale circular waste management across Europe.

The merger between MS Amlin Insurance SE and MSIG Insurance Europe AG has officially been completed, creating the new entity MSIG Europe SE, headquartered in Brussels.

Belgian infrastructure investor TINC has completed its previously announced investment in Azulatis, a specialist in industrial water management.

Belgian media group strengthens position as leading player in the Benelux.

French food giant Danone has acquired The Akkermansia Company (TAC), a Belgian biotech firm based in Mont-Saint-Guibert, in a move to strengthen its position in the gut health and probiotics market.

John Cockerill Hydrogen has finalized a 116 million euros capital increase to support its strategic development and global expansion plans.

Distrilog Group is expanding once again. As of July 1st, Transport Michiels, a specialist in exceptional and oversized transport, will officially join the Distrilog family.

The Irish IT services company Org Group has acquired Brussels-based Enterprise Digital Resources (EDR), a recruitment and consulting firm specializing in enterprise technology solutions.

Private equity firm Gimv has acquired a majority stake in Alpine, a leading Dutch provider of premium consumer hearing protection solutions.

Gimv and other financial investors have sold their stake in Belgian technology scale-up Itineris to investment firm Cobepa. Itineris founder and CEO Edgard Vermeersch remains a major shareholder and will continue to lead the company alongside its management team.

Belgian renewable energy company EnergyVision has officially announced its plans for an initial public offering (IPO) on Euronext Brussels, with the offering expected to launch on June 27, subject to market conditions and regulatory approval by the Belgian Financial Services and Markets Authority (FSMA).

Belgian investment firm Finhouse has raised 55 million euros in its first fundraising round, far exceeding its initial target of 25 million euros. The capital was secured from 327 individual investors, marking a groundbreaking moment in the country’s private equity (PE) and venture capital (VC) landscape.

Belgian IT services provider VanRoey has announced the strategic acquisition of Group K, a rapidly growing IT integrator based in Limburg.

Belgian premium snack producer TNS Food has entered a new phase of growth by joining GoodLife Foods, a portfolio company of IK Partners.

Intermarché is expanding its footprint in France with the acquisition of 81 supermarkets from the Belgian Colruyt Group, marking a major shift in the French retail landscape.

Tikehau Capital, a global alternative asset manager, has entered exclusive negotiations to acquire ScioTeq, a Belgium-based leader in advanced display and computing solutions for high-demand environments such as avionics, defense, and air traffic control.

The Flemish wealth management firm Truncus is merging with fellow East Flanders-based Investor AM, marking another step in the consolidation of Belgium’s wealth management sector.

Belgian telecom group Proximus has reached a binding agreement to sell its 92.7 percentstake in mobility tech company Be-Mobile to Arrive, a global provider of parking and mobility solutions.

The Flemish tech firm IE Group, a key player in radar systems with half of its revenue coming from the defense sector, has been acquired by French investment company IDI.

PIA Group has announced the addition of HLB Belgium as its newest partner, strengthening its footprint in Belgium and expanding its audit and assurance services beyond the Netherlands.

The financing - meant to advance breakthrough depression therapy - marks a major milestone for Wallonia’s growing role in mental health innovation.

Tessenderlo Group has announced that its business unit, Picanol Group, will acquire the activities of Osterwalder AG, a Swiss company renowned for its electric powder presses. The acquisition is expected to be finalized in the coming days.

De Heus expands in Belgium and Northern France with acquisition of Voeders Huys.

International investment firm BC Partners has acquired a majority stake in IGS GeboJagema, a Dutch precision tooling leader for the healthcare industry.

Belgian publisher and production company Borgerhoff & Lamberigts has acquired Koortzz, the well-known talent and speaker agency. The acquisition marks a further expansion of Borgerhoff & Lamberigts' diverse media portfolio, with both companies maintaining their independence and brand identity.

For Belgian M&A professionals, a major transaction in the synthetic turf sector may signal new regional momentum. TenCate Grass Holding B.V., the Dutch-based global player in artificial grass systems, has announced the acquisition of Belgium’s Sports & Leisure Group N.V. (SLG) in a deal involving the purchase of all SLG shares from Sun Capital Partners and other shareholders.

EyeCare Group, a market leader in premium optical and hearing solutions in the Netherlands and Belgium, has announced the acquisition of Belgian optical chain Vision Over Sight.

Aedifica and Cofinimmo have reached a landmark agreement to merge their operations, forming Europe’s leading healthcare-focused real estate investment trust (REIT). The transaction, structured as an all-share voluntary exchange offer, follows Aedifica’s initial proposal on 1 May 2025.

The Belgian retail giant Colruyt Group has completed its acquisition of Delitraiteur, following approval from the Belgian Competition Authority on June 2.

Just two weeks after acquiring Kontrimo from well-known entrepreneur Michel Van den Brande, Belgian construction equipment group Intermat has announced a new acquisition: VIP Scaffolding, a Ghent-based specialist in scaffolding services.

Six Belgian companies unite under new name ‘Argona’ to drive sustainable energy and construction solutions. Private equity house Waterland backs the newly formed company.

Spott raises seed capital from Base10, Y Combinator and Fortino on the heels of completing the YC W25 batch. The 3.2 million dollar round will help boost the further development of Spott’s all-in-one, AI-native recruitment agency platform. Spott’s powerful solution helps recruitment firms shift focus from manual, repetitive tasks to building stronger relationships and prioritize revenue-driving activities.

Belgian investment firm Gimv has announced the sale of its stake in Dutch high-end stroller brand Joolz to fellow Dutch company Bugaboo, a global leader in premium juvenile products.

Deminor, a Belgian legal support firm specializing in litigation funding, has raised €100 million in a significant capital increase to expand its operations. This new funding round, led predominantly by American investors and supported by Belgian business figures such as the Emsens family and investor Jos Sluys, marks a substantial boost compared to its earlier fundraising efforts.

Team.blue, a major European digital service provider, has acquired AssoConnect, a French SaaS company known for its all-in-one management platform for non-profits. The deal marks a strategic move to expand team.blue’s reach in the non-profit sector across Europe.

Ravical offers domain-specific AI agents for use in accounting, legal services, HR, and insurance companies

Alychlo, the investment company of entrepreneur Marc Coucke, has acquired all CIM Capital shares in Zoute Grand Prix. Entrepreneur and automotive expert Philippe Quatennens, who joined the Zoute Grand Prix project one year ago, will remain on board as a shareholder. The shared ambition is to further develop this unique and prestigious Belgian brand with a focus on sustainable growth in Belgium and international expansion.

Dossche Mills, one of Europe's largest milling companies, has acquired West Flanders-based family business Molens T’Kindt, reinforcing its foothold in the Belgian flour and milling industry.

PIA Group, the fastest-growing accountancy and advisory group in the Netherlands and Belgium, has officially expanded into its third European market by acquiring Luxembourg-based advisory firm Neoviaq. This marks a significant step in PIA Group’s ongoing international growth strategy.

The deal is official: Michel Van den Brande (64), founder of the well-known scaffolding company Kontrimo, has sold his business to Vybros Capital Partners, the investment firm of the wealthy West Flemish Vande Vyvere family.

Biotope Group has announced that The Nest Family Office has joined as a minority shareholder, marking a significant step in the company’s ongoing efforts to expand its presence in the organic food sector across Belgium and the Netherlands.

HR services firm Capenti is strengthening its position in the life sciences sector with the acquisition of HR One Group, a headhunting company specialized in healthcare and biotech recruitment.

Dynapps, a leading Belgian implementation partner of the business software platform Odoo, has taken a major step in its international growth strategy with the acquisition of two fellow Odoo partners in France and Switzerland.

Biotech company Galapagos NV has announced a strategic shift in plans regarding its previously proposed corporate separation, alongside key changes to its executive leadership and Board of Directors.

Ekopak, the water-as-a-service (WaaS) provider, has announced key measures to bolster its financial structure and governance framework.

Vandelanotte, Belgium’s largest independent accountancy, audit, and advisory firm, has acquired Crowe Spark, a 70-employee accountancy and advisory firm with offices in Antwerp, Brussels, Mechelen, and Bornem.

Mechelen-based construction group Willemen Groep has taken a major step forward in its strategic development by acquiring a 50 percent stake in Almex Metaal, a specialist in steel structures for civil engineering.

200 psychologists are associated with the acquired company iPractice.

Belgian communication agencies The Fat Lady and MediaMixer have merged to create North by Northwest, now the largest content group in the country. The new company combines 75 employees and generates an annual turnover of approximately 13 million euros.

Belgian orthopedic specialists Vigo and Matton OrthoMedi have announced a strategic merger under the international Ottobock Group.

Belgian HR specialist Copus has acquired the Eminent Group from Apeldoorn, a company specializing in the placement of technical talent. In the past financial year, the company achieved a turnover of approximately twenty million euros. This marks the third acquisition by the Belgian firm in the Netherlands.

Belgian digital health startup Cavell has raised 1.5 million euros in a pre-seed funding round to scale its AI-driven medical documentation platform across Belgium and Europe. Backed by a group of strategic investors, the Gent-based company aims to reduce administrative burdens in healthcare and shift the focus back to patient care.

In a move set to reshape the Belgian wealth management landscape, Belfius Bank and Candriam have strengthened their nearly 30-year strategic alliance, with Belfius acquiring a 33 percent minority stake in Candriam.

Belgian investment firm Gimv has announced a strategic partnership with Germany-based Ambulantis Group, a rapidly growing care provider specializing in outpatient care, assisted living, and day care services.

Belgian HealthTech innovator Azalea Vision has raised 9 million euros in the first closing of its 15 million euros Series A round, drawing continued support from existing investors and welcoming new strategic backers.

Following the acquisition of Cofinimmo, Aedifica's portfolio would total 12 billion euros.

The cargo operations of Air Belgium have officially been transferred to the CMA CGM Group, a global leader in logistics and multimodal transport. This transition follows the approval of the takeover by the Business Court of Walloon Brabant in March and the recent issuance of new Belgian operating licenses by the Belgian Civil Aviation Authority (BCAA).

BD Logistics continues its expansion strategy with the acquisition of Taxi Verboven Vracht (TVV), a well-established transport company based in Wommelgem, near Antwerp.

Belgian healthtech start-up BiometrIQ has raised 1 million euros in fresh capital from prominent tech and sports entrepreneurs, including Eva Maertens and Teamleader founder Jeroen De Wit.

Belgian packaging machinery specialist TG Group has announced a strategic partnership with private equity firm Waterland to accelerate its international growth and innovation.

Belgium-based moving and logistics firm Gosselin has announced the acquisition of the Doree Bonner International Group, one of the United Kingdom’s leading moving and storage companies.

The Belgian federal and Flemish governments are considering a joint acquisition of a 30 percent stake in Brussels Airport, currently owned by the Canadian pension fund OTPP (Ontario Teachers’ Pension Plan).

Vertical Compute, a deep-tech spin-off from research institute imec, has raised 20 million euros in seed funding to develop cutting-edge semiconductor technology aimed at solving a major bottleneck in AI computing.

Scandinavian IT group Visma has acquired a minority stake in Accountable, a Belgian fintech company specializing in smart accounting and tax solutions for self-employed professionals.

Engineering and consultancy firm Studibo has announced its expansion into Wallonia through the integration of INGEO Group into its network. This marks Studibo's first entry into the southern region of Belgium.

CMB.TECH and Golden Ocean Group have agreed to a stock-for-stock merger that would create one of the world’s largest listed maritime groups, boasting a combined fleet of over 250 vessels.

Belgian IT services provider Tyneso has announced a strategic partnership with Pride Capital Partners, marking a significant milestone in its growth journey. The investment firm has taken a substantial minority stake in Tyneso, signaling its fourth major platform investment in Belgium.

SBB Accountants & Advisors is accelerating its acquisition strategy with the purchase of three accountancy firms across the Flemish provinces of Limburg, East Flanders, and Flemish Brabant. These latest acquisitions further expand the group’s footprint following earlier takeovers this year.

In a major move set to reshape how hotels connect with guests and drive revenue, Lighthouse, the leading commercial platform for the travel and hospitality sector from Ghent, has acquired The Hotels Network (THN), a powerhouse in marketing personalization technology.

Delen Private Bank strengthens its Dutch foothold by acquiring Servatus in ’s-Hertogenbosch.

Strategic communications agency FINN has joined Only creative entrepreneurs, a growing network of independent agencies in the Benelux.

Belgian insurer Ageas has reached a definitive agreement with Bain Capital to acquire UK-based digital insurer esure for 1.51 billion euros in cash. The deal positions Ageas as one of the top three personal lines insurers in the United Kingdom.

Belgian offshore energy company DEME has announced the acquisition of Norwegian offshore wind contractor Havfram in a strategic move to strengthen its position in the rapidly growing offshore wind sector.

Azelis, a leading distributor of speciality chemicals and food ingredients, has announced the acquisition of Spanish company Solchem Nature S.L., strengthening its position in Spain’s growing nutraceutical market.

HR service provider Planet Group has acquired Reflex Healthcare, an Ukkel-based interim agency specializing in the healthcare sector.

Belgian geospatial software company Merkator has acquired its industry peer Siggis, a division of IT group Cevi.

Belgian food company What’s Cooking? has finalized the acquisition of Sveltic, a French producer of fresh and frozen ready meals. The acquisition strengthens What’s Cooking?'s product range and aligns with its growth strategy.

Belgian retailer Colruyt Group has increased its stake in Smartmat NV, the company behind meal box brand Foodbag, to 100 percent.

Ontex Group NV, a global leader in personal care products, has finalized the sale of its Brazilian business to Softys S.A. Softys, a personal hygiene company operating across Latin America, is a subsidiary of Empresas CMPC S.A., based in Chile.