42014429 - Horizons Q1 2022_v06

ISSUE 1 | 2022

26

BENELUX HEAT CHART BY SECTOR

Industrials & Chemicals

46 23%

Business Services

41

21%

TMT

37 19% 25 13% 18 9% 13 7% 9 5% 6 3%

Consumer

The quarter’s biggest deal in the Benelux was the 100% sale of Sylphar N.V., a Belgium based omni-channel player in the consumer healthcare & cosmetics sector that has a portfolio of strategic niche brands (Remescar, iWhite, nutravita and Alpha Foods). The company was sold for USD 338m to Swedish buyer Karo Pharma AB. The second biggest deal was in Business Services and involved the sale of Intrasoft International SA, a leading European IT solutions and services group from Luxembourg, which was sold to NetCompany A/S from Denmark. The total deal value was USD 272m. Finally, the third biggest deal was the 100% sale of the rugs, residential polypropylene and non-woven businesses of Belgian-based company Balta Industries NV to British- based Victoria plc. The business units were sold for USD 254m.

Pharma, Medical & Biotech

Financial Services

Energy, Mining & Utilities

Leisure

Real Estate

2

1%

TOTAL

197

BENELUX MID-MARKET VOLUMES BY SECTOR

LOOKING AHEAD

2020

2021

The Benelux BDO Heat Chart shows that there are currently 197 deals planned or in progress. Most of the transaction pipeline is in Industrials & Chemicals (46 deals), which would represent 23% of total activity, followed by Business Services (41 deals, 21%) and TMT (37, 19%).

38

68

LUC AUGUSTIJN PARTNER

ALEXANDER VEITHEN PARTNER

4

4

luc.augustijn@bdo.nl

alexander.veithen@bdo.be

23

17

4

4

21

28

6 4

9

8

9

12

18

21

Technology & Media

Financial Services

Energy, Mining & Utilities

Pharma, Medical & Biotech Real Estate

Consumer

Business Services

Leisure

Industrials & Chemicals

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