The Colruyt Group is exploring strategic options for its retail stores and gas stations in France, including a potential sale. The Belgian retailer confirmed that it is assessing various possibilities but has not yet made a final decision.
Belgian investment firm Fortino Capital has partnered with Dutch SaaS company Nétive VMS from Rijswijk in the Netherlands to support its international expansion.
A European investor has reached an agreement with the curators of the bankrupt Belgian chip manufacturer BelGaN.
Belgian food group Vandemoortele has made a major move in the global bakery market by acquiring French bakery giant Délifrance.
ABO Group Environment has acquired Délo Boringen, a Belgian specialist in environmental drilling and sampling. With this acquisition, ABO Group strengthens its expertise in soil investigation and environmental sampling.
I-care has taken a major step in its strategic growth with the acquisition of SDT International, a Belgian pioneer in ultrasonic predictive maintenance.
Belgian food group Vandemoortele has reached an agreement with Bunge to acquire its European margarine and spreads business. With this move, Vandemoortele aims to strengthen its market position and contribute to the transition towards more sustainable plant-based food.
Cleantech startup ARK Capture Solutions has secured over 2.2 million euros in pre-seed funding to advance its innovative CO2 capture technology.
Belgian construction company Jan De Nul has acquired Aircoplus, a family-owned business specializing in heating, cooling, ventilation, and sanitary systems. The acquisition enhances Jan De Nul’s capabilities in large-scale construction projects. Belgian transport company Transport Roosens is expanding its container activities in the Antwerp region with the acquisition of Coupétrans. This move strengthens Roosens' position as a leading player in sea container transport.
Biotech company Augustine Therapeutics has raised an oversubscribed 78 million euros Series A funding round to advance its groundbreaking treatment for Charcot-Marie-Tooth (CMT) disease.
VD Pro Group, a fast-growing player in the technical trade sector, is set to accelerate its expansion with the investment of Vectis Private Equity.
Belgian competition authority considers closing investigation after Dossche Mills abandons Ceres acquisition.
Roularta Media Group (RMG) has reached an agreement with Professional Media Group (PMG) for the acquisition of the trade magazines Artsenkrant, De Apotheker, and AK Hospitals.
French logistics giant CMA CGM, best known for its container shipping operations, has submitted a bid to acquire the struggling cargo division of Belgian airline Air Belgium.
RTL Group anticipates that the Dutch Authority for Consumers and Markets (ACM) will finally approve the acquisition of RTL Nederland by DPG Media in the second quarter of 2025.
The European Commission is delaying the acquisition of Belgian dairy processor The Food Dairy Group by its Dutch competitor, Royal A-ware, due to concerns about market competition.
Cenosco receives growth investment from Summit Partners for further international expansion.
EOLIS, a fast-growing digital consulting and staffing firm, has merged with 4P square, a Belgian consulting company specializing in marketing and sales for over two decades.
Locquet Power & Light is expanding through acquisitions in neighboring countries.
AstraZeneca has announced its acquisition of EsoBiotec, a Belgian biotechnology company specializing in in vivo cell therapies, in a deal worth up to 1 billion dollars. The move aims to accelerate AstraZeneca’s ambitions in the cell therapy space and expand access to innovative cancer treatments.
Belgian employment agency Nestor, specializing in job placements for individuals aged 60 and older, has welcomed Down2Earth Capital (D2E) as a strategic partner.
The De Nolf family, which already owns 72 percent of Roularta, has made an offer of 15.50 euros per share to take the Belgian media group private, ending its 27-year presence on the stock market. The offer is 25 percent higher than the company’s last closing price.
Five Million Invested in Triginta, Which Is Growing Slower Than Expected
Plastiflex strengthens market position with acquisitions of Smooth-Bor and TIK. Pgb-Group, the market leader in fastening materials in Belgium and a rapidly expanding player in Poland, the Netherlands, and France, has entered into a strategic partnership with Waterland Private Equity.
United Tiles Belgium becomes market leader in professional tile sector after Intercarro acquisition
Two private equity firms face court over the deal.
Antwerp-based tech company Aloxy has secured a new capital injection of 7.4 million euros, with significant contributions from two major American corporations: chemical giant Dow and engineering company Emerson.
PIA Group, Belgium’s fastest-growing accountancy and advisory firm, is expanding into the Dender region with the acquisition of B&A Advies.
Elia Group has announced a successful private placement of 850 million euros as part of a broader 2.2 billion euros equity package to finance infrastructure investments, ensure grid reliability, and support the competitiveness of renewable energy.
A Belgian court has annulled the takeover of Air Belgium by a British-Dutch consortium. The founder of the airline now has three weeks to find a new financier.
Antwerp-based maritime group CMB.Tech has acquired a 40.8 percent stake in Bermuda-registered dry bulk shipping company Golden Ocean.
Antwerp-based startup Conveo has secured 5.3 million dollars in seed funding to revolutionize market research with its AI-driven video interview platform. CubeCold Europe has strengthened its presence in the European cold storage market by acquiring Belgian cold storage and co-packaging specialist Sivafrost. The deadline for bids on glass manufacturer AGP has been extended once more.
Belgian logistics specialist Sitra Group has expanded its international presence with the acquisition of Dutch transport company Albert Keijzer Zaandam for an undisclosed amount.
On March 4, 2025, Alyrick, a joint entity controlled by Midelco and Alychlo, finalized a binding purchase agreement to acquire an 18.24 percent stake in Smartphoto Group NV.
Multipharma has officially completed its acquisition of Goed pharmacies, following approval from the Belgian Competition Authority.
ING has acquired a significant stake in the Dutch private bank and asset manager Van Lanschot Kempen, which is also a top-ten player in Belgium’s private banking market.
TINC, the Brussels-listed infrastructure investor, has completed a strategic transaction involving its stake in Datacenter United (DCU). WVT Group, a Belgian industrial cleaning specialist, has made its largest acquisition ever by taking over Genk-based Roam Technologies.
Atenor has secured commitments from multiple key shareholders to subscribe to a capital increase of 45.3 million euros, reinforcing the company’s financial position amid a challenging real estate market. Turpaz expands in Europe with acquisition of Belgian sweet flavors company Doucy.
The annual turnover of Xwift is increased by the acquisition to 125 million euros.
Jurimesh secures 1.6 million euros in pre-seed funding to revolutionize AI-driven legal due diligence
The Belgian machinery manufacturer Sticomax has acquired the Dutch company FoodeQ Engineering, based in North Brabant.
Delen Private Bank has acquired Utrecht-based asset manager Petram & Co from its founder Max Petram, who established the company in 2001. Deli Home, a leading producer and distributor of sustainable wooden building materials, has strengthened its position in the Benelux.
Belgian energy supplier Mega, the largest independent player in the country’s market, has been acquired by Swiss MET Group, a growing energy trader and supplier with a turnover of 24.5 billion euros.
Leuven-based TaxMachine has acquired Zwijnaarde’s iStart B.V. and will now operate under the commercial name BeanCounter.
Gimv acquires The Spice Factory to fuel European expansion
Investment firms Gimv and WorxInvest are joining forces under Gimv's new Anchor investing approach, aimed at fostering long-term strategic partnerships with high-growth companies.
Infrastructure investor TINC, listed on Euronext Brussels, has announced a 61 million euros investment in Project Mufasa, one of the largest battery energy storage systems (BESS) in the EU.
Vandemoortele, a leading European food group, has acquired Italian frozen bakery specialist Lizzi srl from Forno d’Asolo SpA.
Eurofiber expands further in Belgium through acquisition of Arcadiz.
Both Baas and Oona have sold their shares to the newly formed company 'Oona/Baas Group'.
Belgium-based adhesive group Gluecom has strengthened its position in the UK with the acquisition of two companies.
Renewi, the British waste management and recycling company with a strong presence in the Benelux, has agreed to be acquired by a consortium led by Australian investment firm Macquarie and Canadian fund BCI.
PIA Group expands presence in French-speaking market with MLA Accountancy.
Belgian food giant Puratos has expanded into the education sector with the acquisition of the prestigious Parisian culinary school, École Bellouet Conseil.
On February 13, 2025, Nextensa officially sold the Knauf Shopping Centers in Pommerloch and Schmiede to the real estate investment group Wereldhave for a total of 165.75 million euros.
Amsterdam has officially halted its attempt to sell waste processing company AEB.
Delen Private Bank has strengthened its presence in the Netherlands with the acquisition of Utrecht-based wealth manager Petram & Co.
Belgian safety solutions manufacturer Boplan has announced the acquisition of Celtiplast, a French producer of high-quality plastic extrusion profiles.
Digital infrastructure provider Eurofiber has announced the acquisition of Arcadiz, a Belgian specialist in business-critical connectivity solutions.
Gimv raised a total of 247 million euros through a public offering and a private placement of Scrips.
AI platform for automating legal due diligence gets support for international ambitions.
Divestment decision follows Ontex’s strategy to focus on retail and healthcare brands.
The Amsterdam-based investor IceLake Capital is acquiring a majority stake in Studibo.
This move marks a significant milestone in Ardena’s strategic expansion into North America.
Takeover of Dutch chocolate brand Droste fails, employees laid off.
Fagron solidifies its leadership position with the acquisition of Guinama in Spain. For this investment, Gimv teams up with the De Roovere family.
DGN is known for comparison websites EnergieKiezer and DeGoedkoopsteNotaris.
A key focus will be expanding Centoview, an advanced digital signage content management system (CMS).
The Belgian strategic communication agency com&co has joined Only Creative Entrepreneurs.
Huswell and Capital Mills are proud to announce a strategic investment led by Capital Mills.
This acquisition marks another step in Eurovo’s international expansion.
XLG Group has acquired Luxembourg-based facility management company Propper.
The funding was led by Angelini Ventures and Nexus NeuroTech Ventures.
House of Covebo strengthens organization with Pro Industry and Wolfram Chain.
The fund aims to accelerate decarbonisation for European SMEs.
Belgian Competition Authority opens investigation into Dossche Mills' acquisition of Ceres' flour business
Apollo Executive Search, based in Amsterdam, has been acquired by Schelstraete Delacourt,
Belgian SMEs to benefit from Altares Dun & Bradstreet’s acquisition of Companyweb.
Belgian HR-leader Partena Professional has announced the acquisition of HRlinkIT.
The new partners are Margot De Vylder, Willem De Loore and Martijn van Heugten.
This strategic move marks Foresco's expansion into the German market.
Belgium's rapidly growing PIA Group has added seven accounting firms to its network as it begins 2025.
A Belgian tech start-up has raised 20 million euros to develop groundbreaking AI-optimized chips. The online gift boutique Smartphoto is putting 9.5 million euros on the table for Image Insight.
Ahold Delhaize expands with acquisition of 325 Louis Delhaize stores in Belgium.
Jeco Energies is one of the leading parties in the Benelux in the field of industrial energy supplies.
Only one candidate investor has come forward so far…
This milestone marks the firm's fifth fund and brings its total investment commitments to over 600 million euros.
Corialis acquires Gutmann Group to strengthen DACH presence and expand product offering.
Conscia Netherlands has taken its first step into the Belgian market by acquiring Silta.
The deal positions Dynamate to support its clients’ digital transformation journeys.
Norwegian software giant Visma has announced the acquisition of Antwerp-based FlowTribe.
Colruyt considers selling French stores
Belgian investor Fortino Capital backs Nétive VMS's international growth
European investor to revive Belgian chip factory with up to 250 million euros investment
Vandemoortele becomes European market leader with two major acquisitions in one week
ABO Group Environment acquires Délo Boringen
I-care strengthens global leadership with acquisition of SDT International
Vandemoortele acquires Bunge's European margarine and spreads business
ARK Capture Solutions raises over 2 million euros in pre-seed funding to combat climate change
Jan De Nul acquires Aircoplus
Transport Roosens acquires Coupétrans
Augustine Therapeutics secures 78 million euros
Vectis Private Equity invests in VD Pro Group to accelerate growth
Merger of two flour producers is off the table
Professional Media Group acquires Belgian medical trade magazines from Roularta
French shipping giant CMA CGM bids for Air Belgium’s cargo division
RTL expects regulatory approval for billion-euro deal with DPG Media in Q2 2025
EU investigation delays Dutch takeover of Belgian dairy company
Fortino Capital announces partial exit in Cenosco
Merger announced between consultants Eolis and 4P Square
Waterland Invests in Belgian Mobile Lighting Company
EsoBiotec to be acquired by AstraZeneca in mega deal
Nestor and Integra partner with Down2Earth Capital for European expansion
De Nolf family plans to delist media group Roularta after 27 years
VC Capital invests in Belgian monastery fund
A double acquisition for Plastiflex
Pgb-Group accelerates growth ambitions with Waterland as strategic partner
Belgium tile specialist boosts revenue to 55 million euros with takeover
Belgian private equity firm possibly overpaid millions for Welten
Chemical giant Dow Invests millions in Antwerp-based technology
PIA Group acquires B&A Advies and expands into the Dender region
Elia Group secures 850 million euros investment in 2.2 billion euros equity plan
Belgian court overturns Air Belgium takeover
CMB.Tech acquires minority stake in Golden Ocean
Conveo raises 5.3 million dollars to transform market research with AI-powered interviews
CubeCold expands in European cold storage with Sivafrost acquisition
Glass is half full again for continuation of AGP
Sitra Group acquires Albert Keijzer Zaandam
Alyrick announces takeover bid for Smartphoto Group
Multipharma strengthens cooperative pharmacy model with acquisition of Goed Pharmacies
ING takes significant stake in Van Lanschot Kempen
TINC concludes datacenter deal
A clean deal: WVT Group buys Roam Technologies
Atenor secures 45.3 million euros capital increase from key shareholders
Israelian Turpaz closes sweet deal in Belgium
Xwift acquires Delletrans to strengthen transport operations in Flemish Brabant
New funding for startup in legal due diligence
Belgian machine manufacturer Sticomax acquires FoodeQ
Delen Private Bank completes sixth acquisition in the Netherlands
Deli Home expands in the Benelux with Houtwerf and Distri-Hout
Belgian energy supplier Mega acquired by Swiss MET Group
TaxMachine acquires iStart and rebrands as BeanCounter
Another spicy deal voor Gimv announced
Gimv and WorxInvest launch Anchor investment strategy, Cegeka as first partner
TINC Invests 61 million euros in the Netherlands' largest battery storage project
Vandemoortele expands in Italy with acquisition of Lizzi
Two owners of Leuven-based Arcadiz sell their company
Communication agencies Baas and Oona merge
Gluecom becomes market leader in UK after another 2 acquisitions
Macquarie acquires Renewi in 850 million euros deal
PIA Group continues buy-and-build strategy with another acquisition
Puratos acquires renowned French culinary school École Bellouet Conseil
Nextensa sells Luxembourg’s Knauf shopping centers for 165 million euros
Amsterdam halts sale of waste company AEB: Belgian Indaver misses out on acquisition
Delen Private Bank expands in the Netherlands with acquisition of Petram & Co
Boplan expands with acquisition of French plastics manufacturer Celtiplast
Eurofiber acquires Arcadiz to strengthen critical connectivity services
Gimv successfully completed its capital increase
Belgian technology company Emma Legal raises 1.6 million euros in capital
Ontex reaches binding agreement to sell its Turkish subsidiary to Dilek Grup
IceLake Capital invests in Studibo
Ardena Expands into North America with acquisition of Catalent facility
Pauwels Engineering abords acquisition Droste
Spanish acquisition for Belgian-Dutch Fagron
Gimv invests in CNC Automation leader RoboJob
Mediahuis wants to buy Dutch DGN Group
Smile Invest joins Digitopia and launches dgtgroup
Belgian agency com&co joins Only Creative Entrepreneurs
Capital Mills announces investment in Huswell
Italian Eurovo acquires Belgian Hulstaert & Cie
XLG Group acquires Propper to expand in Luxembourg
Belgian AgeTech company Nobi raises 35 million euros in Series B funding
Double acquisition for House of Covebo in the Netherlands
Argos Climate Action Fund surpasses 337 million euros in final close
Acquisition by Dossche Mills' under scrutiny by BCA
Schelstraete Delacourt acquires M&A recruiter Apollo
Companyweb from Vilvoorde in French hands
Partena Professional acquires HRlinkIT to drive digital transformation in HR
Eight Advisory appoints three new Partners in the Benelux
Foresco expands with acquisition of German Olbort Paletten
PIA Group expands with seven new accounting firms
Belgian AI-start-up Vertical Compute secures 20 million euros
Smartphoto acquires UK-based System Insight
After acquiring Profi in Romania, Ahold Delhaize buys a Belgian chain
Jeco Energies strengthens Dutch operations with acquisition Applitech
Audi struggles to sell Brussels factory
Smartfin closes 250 million euros growth fund with EIF backing
Corialis opens doors in Germany by acquiring Gutmann Group
Antwerp-based IT specialist Silta acquired
Dynamate expands with Make it fly integration
Visma acquires Antwerp-based FlowTribe to expand its portfolio
Dealflash
Coming Soon - M&A Awards 2026
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26 November 2026 · Paleis 10, Brussels
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The M&A Awards 2026 are today!
Show starts at 19:00 · Paleis 10, Brussels
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Discover the winners of the M&A Awards 2026
M&A Awards 2026 · Paleis 10, Brussels

