Euronext Brussels welcomes ABO-Group Environment

Back

Brussels – 31 March 2014 – Euronext Brussels S.A./N.V., a wholly owned subsidiary of IntercontinentalExchange Group, Inc. (NYSE: ICE), welcomed today ABO-Group on its regulated market.

ABO-Group’s entry on Euronext Brussels’ market occurred through the reverse takeover of Thenergo, a developer, operator and service provider in the context of energy projects. ABO-Group manages a group of companies in Belgium, France and the Netherlands that are specialised in research, studies and advice concerning the soil, energy, waste, environment/water and geotechnics.

The shareholders of ABO Holding NV contribute for 100 % in the shares in the capital of Thenergo at a value of 24,898,000 EUR, and ParticipatieMaatschappij Vlaanderen (PMV) contributes for 1,237,500 EUR from the outstanding balance of its loan that totals 1,495,727 EUR, in the capital of Thenergo. The two contributions take place at an exchange price of 0.01 EUR per share. The shareholders of the ABO Holding company are acquiring more than 94 % of the shares of the new ABO-Group as a result of their contribution.

Vincent Van Dessel, CEO of Euronext Brussels declared: “Euronext welcomes ABO-Group to Euronext Brussels. ABO-Group’s listing raises its visibility with investors in Europe. We congratulate ABO-Group on its listingand look forward to a long-standing partnership with the company and its shareholders”.

Alain Baetens, Head of Listings of Euronext Brussels said: “We are delighted with ABO-Group’s listing on Euronext Brussels and congratulate the company in joining our European markets. We are confident that this listing will benefit ABO-Group in terms of depth of liquidity, international visibility and additional access to new financing sources.”

Frank De Palmenaer, CEO of ABO-Group stated: “We want to be the Belgian engineering and consulting group, who, through its in-house expertise, can undertake the largest projects globally thanks to the drive and relentlessness of its experts and specialists, to whom we offer more than challenging jobs.”

To celebrate the entry of ABO-Group on Euronext Brussels, Frank De Palmenaer, CEO of ABO-Group, rang the bell to open trading on Euronext’s European market. He was accompanied by Vincent Van Dessel, CEO of Euronext Brussels and Alain Baetens, Head of Listings of Euronext Brussels.

Press Release Footer

About Euronext 
Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody, to solutions for issuers and investors. Euronext runs MTS, one of Europe’s leading electronic fixed income trading markets, and Nord Pool, the European power market. Euronext also provides clearing and settlement services through Euronext Clearing and its Euronext Securities CSDs in Denmark, Italy, Norway and Portugal.
As of September 2025, Euronext’s regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal host over 1,700 listed issuers with €6.5 trillion in market capitalisation, a strong blue-chip franchise and the largest global centre for debt and fund listings. With a diverse domestic and international client base, Euronext handles 25% of European lit equity trading. Its products include equities, FX, ETFs, bonds, derivatives, commodities and indices.
In November 2025, Euronext successfully acquired a majority stake in the Athens Stock Exchange (ATHEX), further expanding its footprint and strengthening its pan-European market infrastructure.

For the latest news and resources, please visit the Media Centre. 
Follow us on X (x.com/euronext) and LinkedIn (linkedin.com/company/euronext).

Disclaimer
This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.

This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.

© 2025, Euronext N.V. - All rights reserved.