-
Sell-side
2019
sold to
Client:Mabilux
Action:sold to
3rd Party:BESIX Group SA
Date:2019
Sector:Construction
Type:Sell-side
Construction
TENZING Partners acted as the exclusive advisor to Mabilux SA in the sale of a majority stake to BESIX Group SA, facilitating a strategic partnership to enhance service offerings in the construction industry.
Founded 30 years ago by Philippe Massard and based in Kockelscheuer, Luxembourg, Mabilux SA specializes in the fabrication and assembly of metal structures for industrial and commercial buildings. The company operates modern and secure production workshops exceeding 1,000 square meters, employing approximately 70 experienced professionals, and generating an annual turnover of around €15 million.
BESIX Group SA is a leading Belgian construction company with a global presence, offering clients comprehensive and turnkey solutions in the fabrication and assembly of metal structures, from design to execution. The acquisition was executed through Lux TP, BESIX’s Luxembourg subsidiary, aiming to strengthen its position in the Luxembourg and Belgian markets.
Transaction Highlights
The acquisition was structured to:
- Allow Mabilux to maintain its management autonomy, with Sam Massard, son of the founder and current Managing Director, continuing in his role.
- Enable Lux TP to diversify its range of services and for Mabilux to expand into the Belgian market.
Tenzing Partners played a pivotal role in facilitating the transaction, ensuring a seamless integration that benefits both organizations and their clients.
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