Summary:
- BESIX Group SA has acquired a shareholding in the Luxembourg company Mabilux SA;
- Mabilux SA retains its management autonomy;
- Mabilux SA specializes in the manufacture and assembly of metal structures for industrial and commercial buildings.
BESIX Group SA (BESIX) has finalized the acquisition of a shareholding in Mabilux SA and its subsidiaries Msteel and Kockelscheuer Buildings Technology SA. This acquisition was carried out via Lux TP, BESIX's Luxembourg subsidiary.
Mabilux, founded 30 years ago by Philippe Massard and based in Kockelscheuer in the Grand Duchy of Luxembourg, specializes in the construction of metal structures for industrial and commercial buildings. The company has more than 1,000 m² of modern and secure production workshops.
Rik Vandenberghe, CEO at BESIX Group: "The acquisition of a shareholding in Mabilux will allow Lux TP to offer its clients, in Belgium and in Luxembourg, complete and turnkey solutions for the manufacturing and assembly of metal structures, from design to execution. Mabilux has forged a solid reputation and is today a leader in this sector in the Grand Duchy of Luxembourg."
Mabilux retains its management autonomy. Sam Massard, the son of the founder, current CEO and a Director of the company, retains his functions.
Alain Dostert, Managing Director of Lux TP: "We are happy to be able to count on Sam Massard to advance hand in hand from now on. The collaboration between Mabilux and Lux TP serves to guarantee the growth of the respective activities of our companies. It allows Lux TP to diversify its range of services and Mabilux to set out to conquer the Belgian market."
The quality of Mabilux's products and services is based on the professionalism of 70 experienced employees. The company has an annual turnover of around 15 million euros.
In this transaction, the selling party was advised by TENZING partners SA, a Luxembourg-based M&A firm specialized in corporate finance.