Gimv has announced the sale of half of its stake in Infravest to WorxInvest, its reference shareholder.
This decision is part of a broader strategic move by both companies to collaborate in strengthening their positions as long-term shareholders of TINC and TDP, key players in European infrastructure investment.
The partnership aims to leverage Gimv’s 17 years of experience in infrastructure to support TINC in driving the modernization of European infrastructure. This move is seen as essential for building a future-proof economy and well-functioning society.
This transaction is part of a multi-phase process that began in August 2024 with Gimv transferring its TINC shares to Infravest and acquiring additional shares from Belfius Verzekeringen NV. A second phase, pending regulatory approval, will see both Gimv and Belfius Bank transferring their stakes in TDP to Infravest.
The sale to WorxInvest follows a review by an independent committee, which concluded that the transaction aligns with Gimv's policy and poses no disadvantage to the company. Further updates will follow, pending regulatory approval.
Picture: Pixabay
