Belgian Competition Authority Approves Joint Control Acquisition of WREB Redevelopment
The Belgian Competition Authority has approved the acquisition of joint control over WREB Redevelopment by Koutermolen, LCV Invest, and Colim, confirming that the transaction meets the criteria for a simplified procedure.
27.11.2025 | Belgian competition authority
On November 24, 2025, the Belgian Competition Authority (BMA) granted approval for the acquisition of joint control over WREB Redevelopment by Koutermolen, LCV Invest, and Colim. Prior to the transaction, LCV Invest and Colim already held joint control over WREB Redevelopment.
The transaction was notified to the BMA on November 12, 2025, with a request for the application of the simplified procedure. Koutermolen is the parent company of the Willy Naessens Group, which is involved in construction, concrete, swimming pools, food products, and investments through its various business units.
LCV Invest specializes in developing industrial, logistical, and commercial real estate, as well as office buildings and showrooms. Colim, part of the Colruyt Group, focuses on the development and management of real estate for all Colruyt Group stores. WREB Redevelopment was established by LCV Invest and Colim to redevelop and sell former Makro sites in various locations.
The BMA's decision confirms that the conditions for applying the simplified procedure were met and that the notified concentration does not raise any objections.
