Luypaert, MathieuSpolverato, GianniFloru, tom2025-02-262025-02-262023https://repository.vlerick.com/handle/20.500.12127/7647Despite a decline in the international mergers and acquisitions market, the Belgian market is holding up surprisingly well in 2022. This is mainly due to the smaller and strategic transactions. The average transaction price across all size segments remains at an absolute record high. However, the persistent economic uncertainty is leading to an increased use of deferred payments. The M&A market has become far more professional over the past 10 years, with growth rather than savings as the main motive. A shift from a reactive to a proactive market is expected in the coming years, with the search for targets increasingly crossing national borders. Finally, environmental factors are gaining in importance as a competitive advantage in transactions.enMergers & Acquisitions132517209127299882