WorxInvest completed the acquisition of a 40.8% stake in Infravest from Gimv.

WorxInvest, a Belgian diversified investment company, completed the acquisition of a 40.8% stake in Infravest, a Belgian strategic investment vehicle, from Gimv, a Belgium-based investment firm. Financial terms were not disclosed. “Gimv and WorxInvest wish to join forces through Infravest as the long-term reference shareholder of TINC and TDP. With the expertise and experience built up over the past 17 years as a European infrastructure investor, the publicly traded TINC is extremely well placed to contribute with its board, management and shareholders to the ongoing upgrading of European infrastructure, an essential foundation for a future-proof economy and well-functioning society,” Filip Dierckx and Koen Dejonckheere, WorxInvest and Gimv Executive Chairman and CEO.