M&A Monitor 2024

Trends & Challenges in the Belgian M&A Market

The M&A Monitor is an annual survey carried out by the Vlerick Business School’s Centre for Mergers, Acquisitions and Buyouts with BDO Belgium as one of its partners.

For this 11th edition, 138 Belgian M&A experts once again shed their light on the evolution, past trends and upcoming developments in the Belgian Mergers and Acquisitions market.

Key takeaways of this edition

 

  • Strongly declining trend in Belgian M&A in 2023, mainly due to higher interest rates, macro-economic shifts and geopolitical instability
  • No further decrease expected in 2024, with a possible upsurge in large transactions segment
  • Longer deal processes, with an average period of over 6 months
  • Increased importance of ESG factors & data analytics
“In 2023, there was a noticeable shift towards cautiousness in the M&A landscape. This not only impacted the volume of transactions but it also influenced how these processes unfolded. Notably, there was an increased demand for up-to-date financial information, consequently elevating the requirement for professional assistance.”
Alexi VangervenPartner BDO Belgium


Alexi Vangerven


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“Looking ahead to 2024, we foresee a strong recovery of the M&A market. There is a revived appetite to invest, and the necessary resources are at hand. Companies with a strong foothold in the value chain are particularly sought after. As a result, we expect that both this year and the next will be characterised by an increase in M&A activity.”
Veerle CatryPartner BDO Belgium
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Interested in the full report on the current state of the Belgian M&A market?

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Questions about the survey results or wondering how you can benefit from BDO’s Deal & Valuation services?

Contact Alexi Vangerven for more information, he’ll gladly help you out.