M&A

Moorkens family sells bus-parts leader CBM to French investor LFPI

What's the deal? Belgium's Moorkens family, through its holding company Alcopa, has agreed to sell a majority stake in French bus-parts distributor CBMDealroom has a profile for this one. Try Dealroom → to investment firm LFPI. The price was not disclosed.

The companies: CBM distributes parts for buses and is Alcopa's largest company by revenue. Alcopa is the family holding of the Antwerp-based Moorkens family, which has owned CBM since 2012.

What changes? Alcopa is keeping CBM's maintenance business, which it has spun off as a separate growth company. CBM's management is reinvesting alongside LFPI.

What's the endgame? LFPI says it plans to back CBM's international and organic growth, as well as acquisitions. The sale process drew interest from both financial investors and industrial buyers.

Why now? The deal marks a strategic exit from Alcopa's biggest earner, ending ownership dating to 2012. By retaining the maintenance arm, the family stops short of a full withdrawal from the sector.

The signal: The transaction fits a pattern of family holdings handing control of core assets to private capital, while keeping a foothold in adjacent, growth-focused businesses.

Read more: tijd.be

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