Transactions

Etex, a global building material manufacturer and pioneer in lightweight construction based in Belgium, acquired SCALAMID, a manufacturer of modern and innovative façade fibre cement boards, from Poznan-based company Pozbruk in a carve-out transaction.

Belgian Mobile ID, known for the leading Belgian app for digital identification, authentication, and signing Itsme, acquired nextAuth, a KU Leuven/imec spin-off, providing secured end-to-end authentication using strong public key cryptography.

Miura Co., a manufacturer of industrial boilers and related equipment, acquired a 20% stake in Jensen-Group, a manufacturer of heavy-duty laundry machinery, via a share placement of 49% stake in Inax Corp., a manufacturer of business-use laundry machines and full subsidiary of Miura Co.

Tractebel Engineering SA sold GKW Consult GmbH, a top international consultantcy for environmental engineering and donor-financed infrastructure projects, to GFA Holding AG, a leading European consulting firm active in international cooperation.

Clairfield successfully advised the shareholders of Isolabel, a Belgium-based franchisee of Belisol, on a shareholder transitioning and partial sale.

GIM, a Belgian provider of geospatial data engineering, geospatial artificial intelligence and spatial application development, was sold to Merkator, a Belgian developer of easy-to-use geospatial software applications.

Clairfield Belgium closed the refinancing of Brouwerij Martens’ debt portfolio. This transaction will enable the brewery group to continue its ambitious growth trajectory and execute its long‐term financial strategic plan.

Tilgmann Oy Ab sold Nordic Label Oy, the leading label manufacturer in Finland, to Asteria Group, a Belgian label and packaging producer backed by Waterland Private Equity.

Clairfield International is pleased to have acted as exclusive advisor to listed company Norsk Hydro (NHY.OL) on the sale of the Belgian Precision Tubing Lichtervelde to the German Aurelius Group.

Blanchon Group, a French wood coatings specialist, accelerated its international expansion with the acquisition of Debal Finance (known by the brand name Ciranova).

Clairfield Belgium successfully advised Belgian Mobile ID – itsme®, on a fundraising round of EUR 24.7 million to accelerate its international growth trajectory.

Clairfield Belgium provided debt advisory services to the shareholders Brewery Martens. Brouwerij Martens was founded in 1758 and is the second largest brewery in Belgium engaged in the development, production, distribution and sale of private label beer as well as their own beer brands.

Clairfield International successfully supported Inclusio as financial advisor and fairness opinion provider in its IPO preparation process.

Gas Applications & Services, a gas detection specialist, was sold to Alertis, the market leader in the Belgian fire safety and security market.

Clairfield Benelux acted as financial advisor to Vivalto Home Belgium in the issuance of EUR 101 million in debt securities.

The Belgian Federal Public Service Finance (Belgian Treasury Department) awarded a four-year coinage contract  to the Royal Dutch Mint.

Ajinomoto Co, a global manufacturer of seasonings, processed foods, beverages, amino acids, pharmaceuticals, and specialty chemicals, through its Belgian subsidiary Ajinomoto OmniChem N.V., acquired a majority stake in Agro2Agri S.L. , a Spanish agrochemical consortium specialized in the production of bio stimulants.

Solving Efeso International, a consultancy firm, acquired Empact, a Brussels-based consultancy firm. Solving Efeso is a global leader in corporate strategy and operational performance improvement. It employs more than 450 consultants in 26 countries.

Clairfield Benelux provided debt advisory services to the shareholders of Brouwerij Martens. Brouwerij Martens was founded in 1758 and is the second largest brewery in Belgium engaged in the development, production, distribution and sale of private label beer as well as their own beer brands.

Enfinity, the Belgian renewable energy developer, has sold its three solar parks installed in the Czech Republic to Verdi Capital, a Czech private equity house.