CMS Belgium advised the shareholders of the energy and telecom supplier Mega, active in Belgium and in the Netherlands, on the sale of a 68.5% stake to the Swiss-based MET Group.
This acquisition marks a significant change in ownership for Mega, with the two largest shareholders selling their stakes in Mega Group International to MET Group. Furthermore, MET Group gains a substantial portfolio of Belgian electricity and gas clients, positioning itself besides the major foreign players through a strategy of competitive pricing and reduced cost structure.
The CMS Belgium team advising on this transaction comprised David Prync (Corporate-M&A / Partner), Gauthier Blommaert (Corporate - M&A / Associate), Tom De Cordier (IT-GDPR / Partner), Tiffany Perna (IT-GDPR / Associate), Annabelle Lepièce (Antitrust – Partner) and Sébastien Willems (Antitrust – Associate).
