Transactions

SFPIM is Belgium’s sovereign wealth fund, managing federal investments and providing strategic financial support to Belgian companies across key sectors. They invested in Clevernett, a joint independent power producer fund, along side Nett and Gridlink. Natixis Partners Belgium acted as M&A advisor to SFPIM

EXMAR specializes in floating solutions for gas operations, transportation, and processing. The company designs, builds, owns, leases, and operates specialized maritime infrastructure for these purposes. It is also committed to high standards in commercial, technical, quality assurance, and administrative management across the maritime energy industry. […]

SeaCoop is the Belgian renewable energy community created by 34 citizen renewable energy cooperatives. It is a cooperative that aims, in the general interest, to generate a positive social impact for people, the environment and society. In January 2025, SeaCoop has reached an agreement to […]

Alcopa is a Belgian family-owned investment fund that focuses on long-term value creation through diversified investments in various industries, including automotive, real estate, and building materials. In 2025, Alcopa completed the acquisition of Buffet Crampon. Buffet Crampon is a world-renowned manufacturer of wind instruments. It […]

Warehouses Estates Belgium, a publicly-traded Belgian real estate company, plans to carry out a merger by absorption of two real estate companies that own various rental properties, in exchange for newly issued shares of W.E.B. The Board of Directors appointed Natixis Partners Belgium as an […]

Ecostal specializes in the distribution, development, and installation of photovoltaic systems for B2B clients in Belgium and France. With annual revenues nearing €300 million, the company aims to reach €1 billion by 2028, positioning itself as one of the top 10 photovoltaic equipment distributors in […]

BPCE, the second-largest banking group in France, is making a major move in Belgium’s private banking sector with the acquisition of Nagelmackers, Belgium’s oldest bank, from China’s Dajia Insurance Group. Founded in 1747, Nagelmackers has a strong reputation in personal and private banking, serving approximately […]

IPM was founded in 1991 and is a media group, owned at 100% by the le Hodey family. Its portfolio of activities includes among others media, audiovisual, advertising and travel. IPM namely owns La Libre Belgique, les Editions de l’Avenir, la DH and magazines such […]

An investor group led by Cypress Capital Hong Kong, a Hong Kong-based investment advisory firm, has acquired an undisclosed stake in COWBOY, the Belgium-based software company specializing in bike applications. COWBOY offers a live dashboard, navigation, GPS tracking, and ride statistics.

Founded in 2016, Easyvest is a Belgian fintech authorized by the FSMA as a portfolio management firm, specializing in ETF-based investments. The company manages over €200 million in assets for more than 3,000 clients. The company has secured funding from Belfius Insurance and SFPIM to […]

Since 2017, Skysun has been financing, installing, and operating solar PV assets with a focus on the B2B market. The company now aims to install 750 MW of photovoltaic panels by 2030. To support its growth ambitions, Wallonie Entreprendre (WE), the financial arm of the […]

Multipharma is Belgium’s leading pharmacy chain, grown from a cooperation of pharmacies starting in 1921 and counting c.250 pharmacies. In April 2024, it signed an agreement to acquire circa 90 pharmacies from GOED, thereby strengthening its ability to provide comprehensive medical care to its patients

Warehouses Estates Belgium, a publicly-traded Belgian real estate company, is merging with two real estate companies, offering new shares in exchange. Due to the involvement of the reference shareholder, the Board of Directors appointed Natixis Partners Belgium as an independent expert to assess the economic […]

Founded in 2016, Cohabs is a leading Belgian and European co-living operator. It recently raised €130 million to finance its growth strategy. The company owns and operates over 2,700 rooms across six cities in Europe and the United States, including Brussels, Paris, London, and New […]

Pioneer Point Partners LLP, a private equity firm, has acquired a majority stake in Perpetum Energy Holding, a Belgium-based provider of sustainable power systems, including financing, installation, and monitoring services.

Fluxys has agreed to acquire from Macquarie Asset Management its c. 24% stake in Open Grid Europe (“OGE”), the largest transmission system operator in Germany. The acquisition fits perfectly with Fluxys’ strategy to be the essential infrastructure partner for speeding up the energy transition. Natixis […]

PAI Partners SAS, the France-based private equity firm acquired a majority stake in Infra Group, a provider of network infrastructure services, headquartered in Temse, Belgium

Virya Energy (founded in 2019 by Colruyt Group and Korys to bring together their participations in renewable energy), agreed to the sale of 100% stake in Parkwind for €1.55bn. Parkwind is Belgium’s largest offshore wind platform which operates 4 offshore wind projects in Belgium, totaling […]

Resa is a distribution system operator (DSO) of natural gas and electricity in the Liège area. The electricity network covers a distance of > 10,000 km with c.600,000 supply points. Natixis Partners Belgium acted as advisor during the negotiations with the CWaPE (the regulatory authority […]

Sibelga is responsible for the management of the electricity and natural gas distribution networks for the 19 municipalities of the Brussels-Capital Region. Natixis Partners Belgium was mandated by Sibelga to assist the company in their negotiations with Brugel (the Brussels regulatory authority for electricity, gas […]

Independent valuation report of N-SIDE, an optimization software developer and SaaS provider with offices in Belgium, the United States and Brazil.

BelSquare is a leading Real Estate consultancy, offering a wide range of personalized solutions in the areas of transaction advisory, valuation, and design services.

A group of shareholders led by EIP agreed to acquire CDPQ’s 19.85% participation (c.€800m) in Fluxys. Fluxys is the natural gas transmission system operator listed on Euronext Brussels, employing over 1.200 people in Belgium and abroad. Its infrastructure comprises natural gas transmission pipelines and storage, […]

Cohabs, a Belgian and European coliving leader, marks a landmark transaction for its future development with its capital opening to 3 leading institutional investors: Ivanhoé Cambridge, Belfius Insurance, and Belgian Sovereign Fund SFPIM, alongside the founders and historical shareholders Alphastone Investments and AG Real Estate. […]

SOCOFE, a Liège-based investment vehicle of municipalities, has acquired a 30% participation in GREEN4POWER, following SOCOFE’s objective of accelerating the deployment of decarbonation solutions in Wallonia in partnership with local public or private actors. The ambition of the partners, SOCOFE and Perpetum Energy Holding, is […]

Virya Energy was founded in 2019 by Colruyt  Group and Korys to bring together their participations in renewable energy. Its portfolio is composed mainly of its stakes in Parkwind, Eurowatt and Eoly Energy. Virya Energy focuses on the development, financing, construction and exploitation of renewable […]

Fluxys is the natural gas transmission system operator listed on Euronext Brussels. It employs over 1.200 people in Belgium and abroad and its infrastructure comprises: natural gas transmission pipelines, natural gas storages, LNG terminals and gas trading. Natixis Partners Belgium is mandated by Fluxys to […]

Elia is Belgium’s high-voltage transmission system operator (30 kV to 380 kV), operating over 8,000 km of lines and underground cables throughout Belgium. Elia employs more than 1,100 professionals in Belgium. Natixis Partners Belgium was mandated by Elia to assist the company in the negotiations […]

Publi-T is the majority shareholder of Elia, the Belgian Transmission System Operator. Natixis Partners Belgium acted as M&A and strategic advisor to Publi-T.

Luminus is a leading energy player in Belgium, active in energy production, supply and related services. Natixis Partners was mandated in the structuring, CRM bidding, and equity process towards the construction of a new CCGT power plant in Seraing, Liège.

GEOxyz has established itself as a European leading service provider, focusing on Marine Site Investigation, Asset Integrity and Terrestrial Survey. The customer base of GEOxyz is extensive and includes governments, maritime construction and dredging companies as well as major energy players. Most clients are active […]

C-Energy, a subsidiary of Cordeel Group, is an innovative energy company that aims to provide solutions to today’s challenges in the industry (hydrogen, batteries, hydropower storage systems, building monitoring solutions etc.).  Natixis Partners Belgium acted as M&A advisor to C-Energy.

ORES and RESA are two energy distribution system operators active in the Walloon Region. Natixis Partners Belgium acted as advisor to ORES and RESA during the negotiations with the regulator

Bone Therapeutics (Euronext Brussels and Paris: BOTHE) – a cell therapy company addressing unmet medical needs in orthopedics,  and Medsenic – a clinical stage biopharmaceutical specialized in the treatment of auto-immune diseases, announced they have reached an agreement to combine their activities. The business combination […]

Elia is Belgium’s high-voltage transmission system operator (30 kV to 380 kV), operating over 8,000 km of lines and underground cables throughout Belgium. Elia employs more than 1,100 professionals in Belgium. Natixis Partners Belgium acted as advisor to Elia in the context of strategic and […]

WEP is a leading education and international exchange company dedicated to high school programs, language courses, volunteering and other intercultural experiences such as higher education, family immersion and internships. The group was founded in 1988 and is headquartered in Brussels, Belgium. Natixis Partners Belgium was […]

Independent valuation report of N-SIDE, an optimization software developer and SaaS provider with offices in Belgium, the United States and Brazil.

Bain Capital, the private equity firm, acquired 55% stake in House of HR, the Belgium-based provider of human resource management services from Naxicap Partners. Naxicap Partners is France-based private equity and venture capital firm with investing between EUR 50m and EUR 200m. The firm has […]

Cohabs is a Belgian co-living investor and operator that specializes in providing modern & sustainable furnished homes with private bedrooms and luxurious shared living spaces. Its target audience are mainly young professionals. The company was founded in 2016 by Youri Dauber, Malik Dauber and François […]

​Dog Chef is a Belgian company specializing in fresh, natural dog food tailored to individual canine needs. Founded in 2017, Dog Chef offers personalized meal plans based on each dog’s profile, delivering freshly prepared meals directly to customers’ doors. Their product range includes fresh recipes, […]

Merlin Entertainments, one of the largest entertainment groups (owning Legoland, Seaworld, Madame Tussauds, etc.), is studying with the Walloon Region (SOGEPA) the construction of a Legoland theme park on the old Caterpillar industrial site in Charleroi. Natixis Partners Belgium acted as exclusive Corporate Finance advisor […]

Alcopa is a family-owned investment firm headquartered in Belgium. Over the years, it has grown from its automotive roots to become a diversified holding that invests in private companies in Western Europe. A provider of  long-term capital, Alcopa aims at responsibly allocating resources in meaningful […]

TB Auctions BV, a Netherlands-based company specializing in goods and real estate auctions, has acquired Vavato BVBA, a Belgium-based e-commerce company focused on online auctions. ​Vavato is a Belgian online auction platform founded in 2015 by entrepreneurs Kevin Van de Vyver, Pieterjan Van Emelen, and […]

Intermediate Capital Group Plc has acquired a 55% stake in Verbraeken Infra NV from Andera Partners SCA. Based in Temse, Belgium, Verbraeken Infra NV is engaged in laying, connecting and carrying controlled drilling for water, gas, electricity, sewerage, industrial piping, telecoms and cable television

Acquisition by Fluxys of a 27.5% stake in the Brazilian gas transmission system operator TBG from EIG Global Energy Partners.Transportadora Brasileira Gasoduto Bolívia-Brasil (‘TBG’) owns the Brazilian section of the Bolívia-Brazil pipeline, consisting of approximately 2,600km natural gas pipeline, including the main natural gas transportation […]

Fluxys signed the term sheet officialising Fluxys’ entry in Stade LNG terminal. FID expected end 2022 after further capex analysis and binding market test.

Parkwind develops, finances and operates wind farms. It currently has three windfarms in portfolio in the North Sea, with a fourth park opening early 2020. This will bring the total operating capacity to 771 MW.

SOCOFE is a Liège-based investment vehicle of municipalities. SOCOFE has a regional character, intervening in economic and financial matters of common and strategic interest. Its main investment focus are: energy, renewables, environment and water. SOCOFE sold its participation in Ventis, an independent owner of an […]

Independent valuation report of N-SIDE, an optimization software developer and SaaS provider with offices in Belgium, the United States and Brazil.

Sale of 100% of the share capital of Urbani to Vicinity.Urbani is a real estate company owning, managing and developing a portfolio of qualitative and sustainable co-housing assets. Its portfolio comprises 11 buildings and 3 projects under development; totalling >300 appartements and c.30,000 sqm’s. Natixis […]

With over €1.6bn yearly premiums and a market share of c.6%,  P&V Assurances (« P&V ») occupies the 6th position in the Belgian insurance market. Created in 1907 on the Belgian Labour Movement’s initiative, P&V is a cooperative insurance group that works exclusively in Belgium and offers […]

Publi-T is the majority shareholder of Elia, the Belgian Transmission System Operator.

Virya Energy was founded in 2019 by Colruyt Group and Korys to bring together their stakes in renewable energy. Virya Energy currently has shares in Parkwind, Eurowatt and Eoly Energy.

Confidential

CIVADIS is a company that develops IT management software for public administrations.

Confidential

Advisor to Nethys regarding the strategic and financial review of its stake in Integrale

Confidential

Acquisition of an investment platform in the region of Antwerp and equity raising with a view to consolidate the funeral home market in Belgium

BePark links parking owners who are looking to optimize the management of their asset with drivers in search of an increasingly hard-to-find parking spots BePark raised €3m from a Luxembourg fund

Fluxys is a natural gas transmission system operator listed on Euronext Brussels. It employs over 1.200 people in Belgium and abroad and its infrastructure comprises: natural gas transmission pipelines, natural gas storages, LNG terminals and gas trading places.

Acquisition by Fluxys in a consortium with AXA Investment Managers and Crédit Agricole Assurances of a 35.76% stake in Dunkerque LNG from EDF and Total Amount: Undisclosed

CAREvolution is a social investment fund, member of the Partena Promeris Group, which aims to invest in companies in seed and early stages active in personal services, health, wellbeing, personal comfort, facilitating autonomy or healthier living etc.

Delasia is one of the key players in the exotic ready meals market

Assar Architects is an international architecture company based in Brussels employing c.120 FTE’s. The group offers a wide range of services:

Helpper, a fast-growing start-up engaged in the home care sector for disabled and aging population, raised Series B funds from CAREvolution and SI² Fund

Offering of new shares by Elia System Operator as part of its €435m rights issue to finance the Nemo Link project and its regulated activities in Belgium in accordance with the new regulatory framework

Independent valuation report of N-SIDE, an optimization software developer and SaaS provider with offices in Belgium, the United States and Brazil

Fluxys and Titan LNG joint forces to build FlexFueler 002, a bunkering pontoon to make liquefied natural gas (LNG) more widely available as marine fuel in the port and region of Antwerp. The pontoon will come into use in mid-2020 and will support shipping in […]

Acquisition by a consortium consisting of Snam (60%), Enagás (20%) and Fluxys (20%) of a 66% equity stake in DESFA, the national operator in the natural gas infrastructure sector, from the Hellenic Republic Asset Development Fund (HRADF) and Hellenic Petroleum Amount: €535m

Fluxys and Novatek joint venture Rostock LNG GmbH have signed a Land Lease Agreement with the Port of Rostock with a view to building and operating a mid-scale liquefied natural gas (LNG) storage terminal in the port. Amount: undisclosed

Post-merger integration – 50Hertz

Issue of 10-year senior BBB+ bond (€300m) and perpetual BBB- hybrid security (€700m) to finance the acquisition of 50Hertz

Acquisition of Nethys’ shares in Publigas and Publi-T by Socofé

Belfius Bank sold its investments in NEB participations to Nethys

Aramis SAS, a France-based online retailer specializing in new and used vehicles and a subsidiary of PSA Peugeot-Citroën SA, has agreed to acquire Cardoen, a Belgium-based car supermarket. The acquisition is being made from KeBeK Private Equity, a Belgium-based private equity firm, and Karel Cardoen, […]

Exercise of the pre-emption right by Elia for the acquisition of an additional 20% stake in Eurogrid International, the holding company of the German TSO 50Hertz, leading to an 80% stake. (€976.5m) Natixis Partners Belgium acted as M&A advisor to Elia

Elia is Belgium’s high-voltage transmission system operator (30 kV to 380 kV), operating over 8,000 km of lines and underground cables throughout Belgium. Elia employs more than 1,100 professionals in Belgium. Natixis Partners Belgium acted as advisor during the negotiations with the CREG.

ORES is a distribution network operator of natural gas and electricity in the Walloon Region. The electricity network covers a distance of 49,981km with 1,437,093 supply points. The natural gas network is 9,430km long with 525,196 supply points. Natixis Partners Belgium acted as advisor during […]

Elia is Belgium’s high-voltage transmission system operator (30 kV to 380 kV), operating over 8,000 km of lines and underground cables throughout Belgium. Elia employs more than 1,100 professionals in Belgium. Natixis Partners Belgium acted as advisor to Elia in the context of strategic and […]

Facility Lockers is a SaaS company offering locker based delivery solutions Natixis Partners Belgium assisted Facility Lockers with the creation of its Business Plan

Lateral Thinking Factory aims at contributing to better human habitats, by supporting both private and public stakeholders to define criteria for positive urban outcome. Through new models at environmental, economical and social levels; the company designs, validates and spreads credible alternatives at answering such global […]

Contemplated acquisition of Transurb (sold by NMBS/SNCB) Transurb is a Belgian limited liability company offering tailor-made solutions in railway and urban transport

BIGH, creates a network of sustainable aquaponic city farms in big cities

Fluxys Deutschland GmbH, Gasunie Deutschland Transport Services GmbH and ONTRAS Gastransport GmbH have signed an agreement with GASCADE Gastransport GmbH for the European Gas Pipeline Link (EUGAL) project.