Each month, we review the latest M&A deals to gain a better understanding of sector dynamics. Here are those that caught our attention in June in Luxembourg, Belgium and France:
Luxembourg-based scale-up Tadaweb raises $20 million to accelerate its expansion in cybersecurity
Founded in 2011 in Luxembourg, Tadaweb develops OSINT (Open Source INTelligence) platforms that automate the collection and analysis of online data, reducing analysts’ workload from weeks to minutes. Already adopted by government agencies in Europe and the United States, its technology enhances intelligence and investigation capabilities in the fields of cybersecurity, defense and intelligence. This $20 million round of financing, led by US funds Arsenal Growth and Forgepoint Capital, is designed to support the company’s international expansion. It adds to the $18 million raised from Wendel in 2023 and the $2 million raised in 2015 from business angels. Tadaweb has over 120 employees, with offices in Europe and North America.
German-Luxembourg start-up Nuwacom raises €3.2 million to deploy its AI workspace in companies
Founded in 2024, with offices in Luxembourg and Koblenz (Germany), Nuwacom has raised €3.2 million from Dutch fund Newion and business angels to accelerate the development of its collaborative platform. Already adopted by groups such as Lufthansa and Vodafone, the solution enables companies to connect their internal knowledge, human teams and AI agents in a single, secure environment aligned with their brand identity. The start-up, which currently has around 20 employees, plans to increase its workforce to around 50 in the coming months to support its commercial growth.
Brussels-based start-up Axiles Bionics raises €6 million to bring its bionic prosthesis to market
Axiles Bionics, which specializes in intelligent foot prostheses, announces that it has raised €6 million from private equity fund PE Group and public players EIC Fund and Finance & Invest.brussels. Its Lunaris device, a CE and FDA-certified bionic foot prosthesis, is already reimbursed in Belgium. This financing is aimed at accelerating its international marketing and developing a new generation of robotic prostheses.
Belgian energy consultancy AYA raises €2 million for European expansion
Founded in 2019 in Aalst, Flanders, AYA supports companies with high energy consumption (over 3 GWh per year) in optimizing their energy performance and transitioning to sustainable solutions. The company employs 30 people and will achieve sales of €2.7 million in 2024. It has just raised €2 million from Wallonie Entreprendre (a public player), Nomainvest (a family holding company) and BeWatt (an investment company active in sustainable solutions).
Conrad, an industrial SME from Eastern France, joins the Amiquar group
Conrad, a family-run company specializing in machining and mechanical welding (€15 million in sales, 75 employees) and based in Moselle, has been acquired by the Amiquar group via its Quarfloc subsidiary, active in cutting, stamping and welding. Amiquar is a private industrial holding company controlling some twenty niche companies. This transaction strengthens the industrial synergies of the group (2,000 employees, €600 million sales).
Champagne house EPC acquires producer Charles Mignon
#M&A #Mergers & Acquisitions #Market trends #Corporate strategy #Luxembourg #Belgium #France
Sources: Paperjam, L’Echo, Les Echos, S&P Capital IQ Pro
