Each month, we analyze M&A transactions to explore current sector trends. In February, here are the deals that made the news:
IQ-EQ acquires Agama, a specialist in regulatory compliance in France and Luxembourg
IQ-EQ, an international group based in Luxembourg and specializing in services for investment funds and companies, has acquired Agama, an independent regulatory compliance company operating in France and Luxembourg, with over 50 employees. This acquisition enables IQ-EQ, which has over 5,800 employees in 25 jurisdictions, to strengthen its regulatory compliance offering.
Partao, a Luxembourg-based start-up developing a spare parts marketplace, raises €3 million
Partao, a Luxembourg-based start-up developing a marketplace dedicated to spare parts for tractors and construction machinery, has announced a €3 million investment from Mangrove Capital Partners, a Luxembourg-based venture capital fund. This investment is aimed at accelerating the company’s development, with a second round of financing planned before the end of the year.
Inui Studio, a Luxembourg company specializing in software and hardware development, raises €1.5 million
Inui Studio, a Luxembourg-based niche player in software and hardware development, announces that it has raised €1.5 million from CK Group, with financial support from the French Ministry of the Economy. The funds will be used to accelerate the development of SkaLink, a cloud-based customer support solution based on live video calls. CK Group, a Luxembourg-based player with over 220 employees, operates in office technology and sports complex management.
Mega, energy supplier from Liège , acquired by the Swiss MET Group
The Swiss MET Group, a European player in the energy sector, acquires Mega, a Liege-based energy supplier, from private investors and its founders. Mega, one of Belgium’s top five low-cost household energy suppliers, sells electricity and gas to over 500,000 customers. The company also offers mobile telecommunications and has sales of €640 million. MET, a major player in Europe’s energy sector, generated sales of €24.5 billion in 2023 and sold almost 88 billion cubic meters of natural gas.
The Spice Factory, Wallonia’s spice champion, acquired by Gimv
Gimv, a European investment company based in Antwerp and listed on Euronext Brussels, acquires a majority stake in The Spice Factory, a Walloon specialist in private-label herbs and spices. The company, which achieved sales of over €57 million in 2023 with around 100 employees, sources, processes and markets its own-brand and private-label products. Gimv acquires shares from Davy De Muyer and Gilde Equity Management, shareholders since 2014
#M&A #Mergers & Acquisitions #Market Trends #Corporate Strategy #Luxembourg #Belgium
Sources : Paperjam, L’Echo
