Sumitomo Corporation / BIA Group
See how IMAP’s M&A advisors supported this transaction.
Industrials
Sumitomo Corporation
Service and aftermarket for the sawmill industry
Acquired Investment Interest in Seller's Business
BIA Group
Investment group with small- and mid-sized companies
Advised on Sale of Company
Transaction advisors
Advised BIA Group on sale of minority stake to Sumitomo Group
Degroof Petercam (IMAP Belgium) is pleased to have acted as exclusive financial adviser to BIA GROUP regarding the acquisition of a minority stake by Sumitomo Corporation. The companies have entered a strategic partnership that will enable to further grow their business and generate synergies. The agreement brings together the companies’ long-standing track record as Komatsu distributors and top-level experience as independent OEM distributors in complementary geographies, including Africa, and industries, including the mining industry.
