Project Mechano: company specializing in the sale of technical parts for industry and agriculture

Project Oase is a private sauna and wellness complex in Flanders with an extensive range of high-quality and uniquely designed sauna complexes, equipped with Finnish saunas, jacuzzis, heated swimming pools, and infrared cabins, among other things. The complex is open daily and focuses entirely on a private (B2C) customer base.The company combines a stable, recurring revenue stream with strong profitability (average normalized EBITDA margin of 31.3%). Hygiene, service, and customer satisfaction are at the heart of its service offering.Day-to-day operations are managed by the manager, supported by a permanent and reliable team of 10 employees, supplemented by a flexible pool of students and flexi-jobbers who are mainly deployed during weekends.The transaction includes the acquisition of both the operating company and the asset management company, including the real estate that is currently privately owned by the manager but is of a professional nature.The average normalized EBITDA of the operating company is EUR 400k.

Project Exura specializes in central and industrial heating, with a strong focus on CLV renovations for larger apartment buildings. A large part of its activities consists of solutions for chimney and exhaust systems, both through existing shafts and new external constructions.The assignments mainly come from co-owners' associations, supplemented by projects for private and business customers in classic HVAC, which ensures a stable mix of specialized and general services.The company operates in Flanders and has a modern infrastructure with a well-organized warehouse and office space, which supports efficient operation and further growth.Turnover: ±3.8 million EURNormalized EBITDA: ±875k EUR

Project Solis is a company that primarily operates as a fruit and vegetable shop, but also offers a wide range of hot meals, salads, wraps, soups, fresh fish, meat, desserts, and many other convenience products and everyday groceries. In addition to its retail activities (50% of turnover), Project Solis also supplies the B2B market via a user-friendly online ordering platform. Led by two experienced managers and supported by around 40 permanent employees, Project Solis is operating at full capacity. Demand from B2B customers for their fresh concept is growing daily, with particular opportunities for expansion into the retail sector. In order to take full advantage of these opportunities, the production space needs to be relocated, as the current space is limited and more suited to the current turnover level. Average turnover FY22 – FY24: EUR 5,013 million Average normalized EBITDA over the last 3 financial years (FY22-FY24): EUR 503K