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Date Target Transaction Type
Value: $mlns
Acquirer Seller
2025-11-28 Miclar
Construction
Berlare, Belgium
www.miclar.be

Miclar is a Belgian construction and industrial-building specialist focused on industrial roof and façade cladding, light steel structural elements, and related exterior building envelope solutions for commercial and industrial customers in Belgium and parts of Europe. The Company provides installation and project management services tied to building exteriors, combining construction expertise with prefabricated components tailored to industrial facilities. Miclar was founded on May 7, 2018 and is based in Berlare, Belgium.

Add-on Acquisition

Recticel
Company
Building Materials
Brussels, Belgium
www.recticel.com

-
Deal Article Deal Link  
2021-12-02 BAM Galere
Construction
Chaudfontaine, Belgium
www.bamgalere.be

BAM Galere constructs buildings and infrastructure projects for both the public and private sectors. The company's current projects include a new hospital in Tournai (CHwapi 2), cultural centre ‘Pôle des Savoirs’ in Liège, the structural works of Building Jean Monnet 2 for the European Commission in Luxembourg-Kirchberg, the renovation of the Huccorgne viaduct in the E42/A15 near Wanze and the Metro 3 Project in Brussels (connecting tunnel North station). BAM Galere is based in Chaudfontaine, Belgium.

Divestiture

Thomas & Piron
Company
Construction
Our-Paliseul, Belgium
www.thomas-piron.eu

Royal BAM Group nv
Company
Construction
Bunnik, Netherlands
www.bam.com

Deal Article Deal Link  
2021-07-07 Infra Group
Construction
Temse, Belgium
www.infra-group.eu

Infra Group provides design, installation, improvement, and maintenance of distribution networks; and offers full turnkey solutions and services to telecommunications, electricity, gas, heating and water operators and local authorities in Belgium. Infra Group was founded in 1966 and is based in Temse, Belgium.

Secondary Buyout

ICG
Investor
Mezzanine Finance Firm
London, United Kingdom
www.icgam.com

Andera Partners
Investor
Private Equity Firm
Paris, France
www.anderapartners.com

PAI Partners
Investor
Private Equity Firm
Paris, France
www.paipartners.com

Andera Partners
Investor
Private Equity Firm
Paris, France
www.anderapartners.com

Deal Article Deal Link  
2020-12-01 Rio-Construct bvba
Construction
Strombeek-Bever, Belgium
www.rioconstruct.be

Rio Construct is a company specialized in sewer renovation and sewerage works. For the execution of house connections, partial renovations, well renovations, short liners, etc., it uses the latest technologies in the field of press drilling, robotic techniques, horizontal drilling, and injection works. Rio Construct was founded in 2016 and is based in Strombeek-Bever, Belgium.

Add-on Acquisition

Dekabo
Company
Construction
Olen, Belgium
www.dekabo.be

-
Deal Article Deal Link  
2020-11-17 Profialis
Construction
Oeselgem, Belgium
www.profialis.com

Profialis is a major supplier of extruded PVC window and door profiles to the building and construction industry in Europe. The business divides its activities in three groups: fenestration, shutter systems and other interior and exterior finishing products and services. Profialis has more than 300 employees in its production facilities in Clerval, France and Oeselgem, Belgium and sales offices in Poland and Hungary.

Trade Sale -

OpenGate Capital
Investor
Private Equity Firm
New York, New York
www.opengatecapital.com

2020-09-02 Thermoduct NV
Construction
Mortsel, Belgium
www.thermoduct.be

Thermoduct NV provides floor- and ceiling- heating and cooling systems. With services ranging from engineering to installation with its own specialist personnel, Thermoduct positions itself as a party offering a total solution. Thermoduct is based in Mortsel, Belgium.

Add-on Acquisition

Magnum Heating
Company
Manufacturing
Tholen, Netherlands
www.magnumheating.nl

-
Deal Article Deal Link  
2020-01-28 Spantech
Construction
Nivelles, Belgium
www.span-tech.com

Spantech is a manufacturer of technically and aesthetically advanced temporary and permanent tent structures for a wide range of industries across the globe. Spantech’s unique and patented technology enables the company to offer temporary structures with innovative, patented technical characteristics - including span widths of more than 100 meters and rigging loads up to 25 ton per beam. The company has production sites, sales offices, and warehouses in Belgium, France, Germany, Poland, and the Middle East. Spantech International was founded in 1999 and is based in Nivelles, Belgium.

Buyout (LBO, MBO, MBI)

M80 Partners
Investor
Private Equity Firm
Brussels, Belgium
www.m80partners.com

-
2019-10-25 Dekabo
Construction
Olen, Belgium
www.dekabo.be

Dekabo is a provider of horizontal directional drilling (HDD). The company realizes the installation of utility pipes with the highest precision and without above-ground nuisance, on any surface including rock soils, and in any environment. Dekabo has a modern machine park and a very advanced technology, with which it can drill in very difficult circumstances, with diameters from 10 to 100 cm and holes up to 650 meters. Horizontal directional drilling is used for many applications, such as electricity, telecom, water, gas, cabling, etc. Dekabo was founded in 1997 and is based in Olen, Belgium.

Buyout (LBO, MBO, MBI)

KeBeK Private Equity
Investor
Private Equity Firm
Strombeek-Bever, Belgium
www.kebek.be

-
Deal Article Deal Link  
2019-04-12 Theuma
Construction
Bekkevoort, Belgium
www.theuma.com

Theuma is a producer of wooden interior doors and steel interior frames in Europe. The company focuses on residential and commercial construction. In addition to a range of doors and frames, the company offers total solutions in the field of interior door systems. Theuma is based in Bekkevoort, Belgium.

Buyout (LBO, MBO, MBI)

M80 Partners
Investor
Private Equity Firm
Brussels, Belgium
www.m80partners.com

-
2019-04-05 Infra Group
Construction
Temse, Belgium
www.infra-group.eu

Infra Group provides design, installation, improvement, and maintenance of distribution networks; and offers full turnkey solutions and services to telecommunications, electricity, gas, heating and water operators and local authorities in Belgium. Infra Group was founded in 1966 and is based in Temse, Belgium.

Secondary Buyout

Andera Partners
Investor
Private Equity Firm
Paris, France
www.anderapartners.com

Waterland Private Equity
Investor
Private Equity Firm
Bussum, Netherlands
www.waterland.nu

Deal Article Deal Link  
2016-10-11 Brontec NV
Construction
Aalter, Belgium
www.brontec.be

Brontec NV is an installation company involved in providng nature, society and durable energy solutions.

Add-on Acquisition

DECAT Energy Technics
Company
Construction
Diksmuide, Belgium
www.decat.be

-
2014-01-01 Beddeleem
Construction
Nazareth-De Pinte, Belgium
www.beddeleem.be

Beddeleem specializes in design, manufacturing, and installation of fixed and moveable partition walls, system ceilings, door systems, project furniture, raised floors, and the total fit-out of office buildings. Beddeleem was established in 1950 and is headquartered in Nazareth-De Pinte, Belgium.

Growth Capital

Creafund
Investor
Growth Capital Firm
Sint-Martens-Latem, Belgium
www.creafund.be

-
2013-01-31 Profialis
Construction
Oeselgem, Belgium
www.profialis.com

Profialis is a major supplier of extruded PVC window and door profiles to the building and construction industry in Europe. The business divides its activities in three groups: fenestration, shutter systems and other interior and exterior finishing products and services. Profialis has more than 300 employees in its production facilities in Clerval, France and Oeselgem, Belgium and sales offices in Poland and Hungary.

Divestiture

OpenGate Capital
Investor
Private Equity Firm
New York, New York
www.opengatecapital.com

Tessenderlo Group
Company
Chemicals
Brussels, Belgium
www.tessenderlo.com

2010-07-30 HeliosElec SPRL
Construction
Rixensart, Belgium
www.helioselec.be

HeliosElec SPRL is a provider of an installation services of photo-voltaic pannels.

Add-on Acquisition

Sunneo SA
Company
Construction
Brussels, Belgium
www.sunneo.be

-
2010-01-01 Verbraeken Construction
Construction
Temse, Belgium
www.verbraekenconstructionnv.com

Verbraeken Construction is a provider of construction for gas, water, electricity and telecom sectors. Verbraeken Construct was founded in 1966 and is based in Temse, Belgium.

Buyout (LBO, MBO, MBI)

Waterland Private Equity
Investor
Private Equity Firm
Bussum, Netherlands
www.waterland.nu

-
2008-03-01 Verelst
Construction
Plutte, Belgium
www.verelst.be

Verelst is a leading construction company in the residential and non-residential (semi-industrial) market, having its own production of steel and concrete structures. The group is active in Belgium, France, The Netherlands and the Czech Republic.

Buyout (LBO, MBO, MBI)

Bencis
Investor
Private Equity Firm
Amsterdam, Netherlands
www.bencis.com

-
Avg $0.0
0.0x EBITDA
0.0x REVENUE

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