Article

07.10.2021

Which Belgian companies will win the Private Equity Awards 2021?

On 13 October, together with the Belgian Venture Capital & Private Equity Association (BVA), we will present awards to three companies supported by private equity or venture capital. Discover the candidates.

This fourth edition once again recognises successful Belgian companies that used private equity or venture capital to finance their growth. BNP Paribas Fortis is also supporting the Private Equity Awards for the fourth time as a member of the BVA. The bank will both host the event and serve on the jury.

Raf Moons, Head of Private Equity at BNP Paribas Fortis and juror: "We believe it is important to reward the growth companies in question and also highlight private equity's usefulness as a financing solution. Private equity is an excellent tool to boost the economy. For 40 years now, we have used it to offer companies opportunities at all stages of their life cycle. Besides this, BNP Paribas Fortis also supports companies that aim to use additional investments to increase their sustainability. This type of investment will only show financial returns in the longer term, which is why we wish to support them through our private equity offerings. In this way we can make a positive contribution to the Belgian economy and to society. We are actually freeing up additional resources for this and intend to double our private equity portfolio to EUR 1 billion in the next five years."

Pierre Demaerel, BVA Secretary General: "In the past few years the global private equity market has grown considerably. In Belgium, 1,400 deals amounting to over EUR 10 billion altogether were concluded in the past six years. And this trend is increasing. It involves EUR 1.5 to 2 billion annually. However, we have noticed there is a wider audience that is still insufficiently familiar with the possibilities offered by this form of financing. That is why for the fourth time, the BVA is proud to be highlighting, together with partner BNP Paribas Fortis, several Belgian companies that have exhibited remarkable growth thanks to the support of private equity or venture capital investors."

Who will follow in the footsteps of iStar Medical, Cegeka and Destiny?

The jury has nominated nine companies. There are three nominees each for the categories 'Venture Company of the Year', 'Growth Company of the Year' and 'Buy-out Company of the Year'. The jury will announce which companies they feel have achieved the steepest growth trajectory in each category on 13 October. We are pleased to introduce the nominees:

  • The ‘Venture Company of the Year 2021’ category focuses on young companies developing and marketing an innovative product or service with the support of a venture capital investor.
    • AgomAb Financials is a Ghent-based biotech player that develops drugs to repair damaged human tissue.
    • Deliverect, also a company based in Ghent, creates software that allows restaurants to manage their online orders and integrate these into their existing cash register system.
    • Imcyse is a Liege-based biopharmaceutical company that pioneers the development of a new class of immune technologies for the treatment of serious auto-immune diseases.
  • The category ‘Growth Company of the Year 2021’ is for companies that expanded their business significantly through organic growth or an acquisition policy. They brought financial partners on board without the latter desiring control.
    • Odoo from Ramillies in Wallonia develops open-source management software for SMEs. With over 10,000 fully integrated apps, the company offers solutions for the full automation of business processes.
    • UgenTec from Hasselt develops pioneering lab software for the automation of DNA analyses, making it possible to detect respiratory infections, STIs and various types of cancer much faster.
    • Charleroi-based Univercells develops technologies for the production of low-cost and large-scale vaccines. This company has won the confidence of many (inter)national investors, including the Bill & Melinda Gates Foundation.
  • The category ‘Buy-out Company of the Year 2021’ focuses on the transmission and growth of companies achieved by management and a private equity investor with a controlling stake.
    • Anzegem-based Abrios-Jiffy is a leading manufacturer specialising in the extrusion of sustainable, innovative, protective and insulating materials for the packaging and construction industry.
    • Corialis in Lokeren designs and manufactures high-quality, technologically advanced aluminium systems for in-wall (windows, doors, sliding elements, roofing systems, curtain walling), indoor (partition walls, walls, fire protection doors) and outdoor (balustrades, greenhouses) applications.
    • Esas from Wilrijk, which will be renamed Circet Benelux in future, is a service provider for the installation, maintenance and management of smart devices in sectors such as telecom and energy. The company also handles the construction and maintenance of coax, optical fibre and mobile networks for large telecom companies.

Want to learn more about the Private Equity Awards? Go to the BVA website

Discover private equity as a financing solution

Article

01.09.2020

Het Anker, ready for a 'golden' future

Achieving sustainable growth and professionalisation and yet retaining your individuality? Het Anker Brewery did just this with the support of BNP Paribas Fortis Private Equity.

Het Anker, established in Mechelen city centre, is not just a brewery. Within the walls of the ‘Grand Beguinage’, designated a UNESCO world heritage site, stands not only the brewery but also a three-star hotel and a welcoming brasserie with a shop. Guide tours of the site are also organised.

The Mechelen family brewery that has been producing beer for five generations is known worldwide for its ‘Gouden Carolus’  specialty beers, which have won multiple awards. Since 2010, Het Anker has also been making single-malt whisky based on the mash from Gouden Carolus Tripel beer at De Molenberg distillery, the 17th-century family farm in Blaasveld.

These successes did not happen just like that. To record this growth and further develop the activities, manager Charles Leclef sought advice from the firm’s main bank, BNP Paribas Fortis. The many years of cooperation, the bank’s knowledge of this sound Belgian SME and a shared vision of sustainability resulted in an even closer relationship. In June 2016, BNP Paribas Fortis Private Equity joined the business via a capital increase. This gave Het Anker the financial scope to implement its expansion plans for the brewery and the distillery activities along sustainable lines. The cooperation with BNP Paribas Fortis Private Equity led to further professionalisation in terms of reporting and governance, while still enabling the business to retain its family identity.

 

Supporting growth

Financing companies and supporting their growth: this is the aim of BNP Paribas Fortis Private Equity. “We provide a financial input in the form of capital or mezzanine financing and we assist and support companies in the long term with the implementation of their strategy and business plan”, says Laurens Boriale, Investment Manager at BNP Paribas Fortis Private Equity. “In every business, we strive to create value by offering our operational and financial skills, placing our international network at their disposal or enabling them to call upon our expertise, which we have built up over several decades.”

Family anchorage

Private Equity is an excellent way of investing in the real economy and reinforcing the SME fabric. What is more, it complements family shareholdings and bank financing. “Our investment is a solution to ensure that the business retains its family anchorage in the future. So the capital increase at Het Anker is a perfect illustration of the BNPP Fortis Private Equity investment approach.”

Fine outlook

Het Anker was immediately won over by the private equity idea. Charles Leclef: “We are grateful that the bank wants to work with us so closely and shares our vision of the future. Sustainability is a central concern for us, too. BNP Paribas Fortis has been our financial partner for over 30 years and once again this time, they thought very constructively and creatively about options for the further growth of Het Anker. I am convinced that the new investment round is preparing us for a ‘golden’ future led by the next generation.” 

Article

22.09.2022

Who will win a Private Equity Award this year?

The Private Equity Awards will be presented on 12 October 2022. We are organising this event for the fifth time, together with the Belgian Venture Capital & Private Equity Association (BVA). Check out this year’s nine nominees.

The Private Equity Awards reward Belgian companies that have received support from a private equity or venture capital investor for their growth and development. This is the fifth time that the Belgian Venture Capital & Private Equity Association (BVA) and BNP Paribas Fortis are organising this prestigious award ceremony.

The nine finalists were nominated based on criteria such as sustainable growth, authentic leadership, and active ownership. They are divided into three award categories: Venture capital, Growth, and Buy-out company of the year.

Venture company of the year:

These are young companies that develop and market an innovative product or service with the support of a venture capital investor.
  • Aerospacelab
    Aerospacelab is an innovative scale-up specialising in satellite platforms and information obtained from geospatial technology. The company designs, manufactures and operates a constellation of satellites for remote sensing, collecting useful information.
  • Precirix
    Precirix is a biopharmaceutical company and a spin-off of the VUB. It is dedicated to extending and improving the lives of cancer patients by designing and developing precision radiopharmaceuticals.
  • Qover
    Qover enables any digital company to embed insurance in its value proposition. The company has built a tech platform that can launch any insurance product in any market, language and currency in days.

Growth company of the year:

These are companies that have significantly expanded their activities through organic growth or acquisitions. They bring a financial partner on board who does not want control.
  • Efficy
    Efficy has developed a complete and highly customisable SaaS (Software as a Service) CRM (Customer Relationship Management) solution. The company wants to become five times bigger, increasing its market share to 5% of the independent CRM market in Europe, within five years.
  • Fedrus International
    Fedrus International is an international building materials group that manufactures and distributes roof and façade materials and services with a focus on EPDM rubber and zinc. The company wants to become the preferred partner of building professionals, with high quality standards and a great sense of innovation.
  • Lansweeper
    Lansweeper is an IT Asset Management platform provider that helps companies better understand, protect, and centrally manage their IT devices and network. The company has developed a software platform that can be used to create an inventory of all types of technology assets, installed software and users.

Buy-out company of the year:

These companies achieve growth through management ownership and with the support of a private equity investor with a controlling interest.
  • Baobab Collection
    Baobab Collection sells diffusers and candles made from hand-blown glass or metal clad with precious leather. The Belgian brand remains true to its values of craftsmanship and excellence by supporting European expertise and craftsmen.
  • Sylphar
    Sylphar develops and markets innovative and consumer-friendly OTC products worldwide. OTC products are medicines that are sold directly to the consumer without requiring a doctor's prescription. Examples include tooth whitening products and skin, hair and body care products.
  • House of HR
    House of HR is a leading European HR service provider focusing on Specialised Talent Solutions and Engineering & Consulting. Their goal is to connect people’s talents and dreams with successful companies.

Drive innovation and sustainable growth

"Private equity is a financial instrument that is perfectly suited to boost innovation and sustainable growth. The result is strong growth. But private equity involves after all so much more than just raising capital. Venture capital investors also share their knowledge and network, opening many doors. All the nominees have a solid track record and are all in with a chance to win. I am very curious to see which companies will take home an award", says Raf Moons, Head of BNP Paribas Fortis Private Equity.

Find out more about Private Equity at BNP Paribas Fortis.

Source: Press release BVA

Article

16.09.2022

Mobility Solutions of the Future

Your employees’ mobility needs are not standing still, and legislation is also changing at lightning speed. As a company, it is therefore crucial to work today on the mobility of tomorrow.

A changing world

Today you drive to visit customers, tomorrow you work from home and on Friday you take the train and the shared scooter from the station to the office... Your employees’ mobility needs are not standing still and the demand for sustainable, integrated and flexible solutions is increasing.

Legislation and economic conditions are also changing at an unprecedented pace. As part of its initiative to make the automobile sector more sustainable, the government has set a number of ambitious targets, such as greenhouse gas-free company cars by 2026 and betting on smart mobility for commuting. For this reason, many companies are currently considering a transition from a car policy to a mobility policy, in which employees are also given access to other alternative means of transport. In practice, however, there is a lot of extra administration involved when your employees opt for combined mobility to get around. A forward-thinking digital mobility solution tailored to your company will give you a big head start.

Employees want to choose for themselves

Multimodal mobility is an important asset for attracting and retaining talent. Not everyone benefits from a company car alone as a means of transport. Your employees want to be able to choose how they travel to and from work. One day the car is the best option, the next day, the bike or public transport. By moving towards a flexible mobility policy, employees will be able to choose the mobility solutions that suit them best in the future, so that they can go to work in complete freedom and with a good feeling.

Reducing CO² emissions

We are facing a real challenge in the coming years. Mobility and logistics account for as much as 22% of CO2 emissions in our country. If we are to achieve the European target – to reduce emissions by 55% by 2030 – we need to work urgently on greening our mobility. Electrification of your fleet in combination with soft mobility is already a step in the right direction. The government is driving this transition to zero-emission mobility by discouraging fossil-fuelled vehicles from a tax perspective and rewarding electrification. Think about more than just purchasing or leasing electric vehicles.

Towards Smart, Integrated Mobility Solutions

Mobility cards that offer an all-in-one solution for all your employees’ professional travel are still relatively unknown, but work very well. They allow you to book and pay for all necessary means of transport, from leased cars, public transport and taxis to shared mobility of bicycles, scooters and cars. Employees can also use them to fill up their lease cars, charge them and pay for parking and car wash.

Mobility platforms and apps go one step further: they offer the ideal multimodal solution in real time, depending on needs and traffic conditions. For example, taking the car to the outskirts of Brussels and then switching to an electric scooter or, in nice weather, biking to the office. The user of the mobility app can also buy a ticket directly from the suitable mobility provider, with a mobility budget that the employer makes available via a linked mobility platform. Such a platform allows employers to customise their mobility policy to meet their specific needs. This way, all employee mobility solutions are managed on the same platform. Moreover, all this is directly linked to the payroll of the payroll service provider. Thanks to the platform, the actual situation is displayed at all times and wages are always calculated correctly, taking into account individual mobility plans and expenses.

Say goodbye to congestion and administrative hassle, and hello to sustainable mobility!

Do you want a mobility policy that responds to the ever-changing needs of your employees and is committed to sustainability? Our experts will be happy to help you.

Mobility solutions are offered by Arval Belgium SA/NV via BNP Paribas Fortis SA/NV, Montagne du Parc/Warandeberg 3, B-1000 Brussels, Brussels Register of Companies VAT BE0403.199.702.
The information provided here does not constitute an offer. An offer will be made only after your dossier has been accepted and shall always be subject to the general terms and conditions of Arval Belgium SA/NV.

Article

15.09.2022

Leeuw van de Export for two Flemish companies

On Wednesday 14 September 2022, FIT presented its ‘Leeuw van de Export’ for the 21st time in Brabanthal in Leuven. Twipe Mobile Solutions and Kipco-Damaco won this prestigious award. Congratulations!

Every year Flanders Investment & Trade (FIT) honours two Flemish companies that excelled in exports with a ‘Leeuw van de Export’ award. At this year’s award ceremony - a live event at the Brabanthal in Leuven after two years of live streamed events -, tech player Twipe Mobile Solutions bagged the award in the category of 'Companies with up to 49 employees'. In the category of 'Companies with 50 or more employees' the award went to food producer Kipco-Damaco.

At the forefront of technology with Twipe Mobile Solutions

A user-friendly digital newspaper, insights into reading behaviour, and personalised news feeds: the winning features of the SaaS applications that Twipe Mobile Solutions develops. The Heverlee-based company helps approximately 80 influential newspaper titles engage more readers with digital subscriptions.

After a first mobile news app in collaboration with the Corelio media group and the first digital-only newspaper in France, JAMES was launched in the UK. This digital butler, which creates automated, personalised reading lists for subscribers, caught the attention of Google, which granted the company innovation funding.

Twipe Mobile Solutions serves newspapers in 13 countries, accounting for 92% of its turnover. While France is currently the largest market, Twipe has high ambitions for the UK and the US, is working on a growth formula for Germany, and is also targeting Asia.

Kipco-Damaco: from Oostrozebeke to Singapore

The chicken in your favourite deep-fryied snack or boiled sausage is probably produced at Kipco-Damaco. In recent years, the family-owned poultry slaughterhouse in West Flanders has developed into a global producer and distributor of chicken separator meat for further processing.

After a first foreign sales office in Singapore in 2008, the company established 4 production sites and 11 branches in countries such as Brazil, India, the Philippines and Vietnam. In 2020, Kipco-Damaco opened new offices in Hong Kong and Poland, exporting its products to a total of 150 countries. Exports account for 83% of the company's turnover, of which a significant proportion is bound for non-EU countries.

Year after year, the company is pushing its boundaries and expanding the operations of other business units. In addition to chicken, the company currently also exports frozen meat, French fries, vegetables and fish for the retail and food services segments.

Inspired by these two Lions?

Does your company have export plans? Discover our wide range of solutions to optimise, secure and finance your import and export activities.

Discover More

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