1 to 16

Name Sector Revenue
$mlns  
M&A Activity Last 5 Years
Total Buy Sell
Azelis
Public
Antwerp, Belgium website
Distribution 4,706 57 57 -
Anheuser-Busch InBev
NYSE : BUD
Leuven, Belgium website
Beverages 59,380 27 20 7
Solvay
Public
Brussels, Belgium website
Chemicals 6,790 26 16 10
Barco
Public
Kortrijk, Belgium website
Technology Hardware 1,183 16 13 3
UCB
Public
Brussels, Belgium website
Healthcare Services 5,918 18 11 7
Agfa-Gevaert
Frankfurt (FWB) : AGE
Mortsel, Belgium website
Machinery 1,296 13 11 2
Galapagos
NASDAQ : GLPG
Mechelen, Belgium website
Life Science 270 13 9 4
Ackermans & Van Haaren
Frankfurt (FWB) : B3K
Antwerp, Belgium website
Diversified 5,885 7 6 1
Materialise
NASDAQ : MTLS
Leuven, Belgium website
Software 288 6 6 -
Esko-Graphics bvba
Acquired
Gent, Belgium website
Software 247 6 5 1
Unifiedpost Group
Public
La Hulpe, Belgium website
Information Technology 215 5 5 -
CMB
Private
Antwerpen, Belgium website
Transportation 496 5 4 1
Showpad BVBA
Private
Ghent, Belgium website
Internet Software and Services - 4 4 -
Boortmalt NV
Private
Antwerp, Belgium website
Beverages - 4 4 -
Dstny
Private
Zaventem, Belgium website
Internet Software and Services - 4 4 -
Etex Group SA
Private
Zaventem, Belgium website
Building Materials - 5 4 1

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