KeBeK, a Belgian-centric small cap buy-out firm, has acquired a majority stake in Alphamin SA from Indufin, an investment company, and several minority shareholders. Alphamin’s management team, led by CEO Marc Beuken, will invest alongside KeBeK. Alphamin is KeBeK’s first new investment following its acquisition of 8 participations from KBC Private Equity in December 2012.