Degroof Petercam (IMAP Belgium) is pleased to have acted as exclusive financial adviser to BIA GROUP regarding the acquisition of a minority stake by Sumitomo Corporation. The companies have entered a strategic partnership that will enable to further grow their business and generate synergies. The agreement brings together the companies’ long-standing track record as Komatsu distributors and top-level experience as independent OEM distributors in complementary geographies, including Africa, and industries, including the mining industry.