Icelake Capital has acquired Studibo, a prominent Belgian engineering consultancy, enhancing its presence in the construction sector and positioning itself for growth in the region.

Information on the Target

Icelake Capital has finalized the acquisition of Studibo, a leading engineering consultancy in Belgium that encompasses the expertise of 11 experienced engineering and consulting firms across various disciplines, including structural engineering, building acoustics, and environmental permitting. This acquisition marks Icelake Capital's entry into the Belgian market, significantly enhancing its presence in the construction and engineering sector. Studibo has experienced robust growth in recent years and aligns with Icelake Capital's strategy to invest in companies with a solid track record and substantial growth potential.

Established in 2023, Studibo has quickly emerged as a key player in the Belgian construction industry. The firm specializes in structural studies and architectural engineering, boasting an impressive project portfolio that spans from residential buildings to complex infrastructure works. With a dedicated team of over 150 skilled engineers and technicians, Studibo provides high-quality and innovative solutions to architects, developers, contractors, and private clients.

Industry Overview in Belgium

The construction and engineering industry in Belgium has been on a progressive trajectory, driven by increasing investments in infrastructure and sustainable development. The sector is characterized by a diverse range of services, including residential, comme