TINC welcomes Infravest, a strategic cooperation between Gimv, WorxInvest and Belfius, as a partner for its growth ambitions

Green light for Infravest, a strategic cooperation between, WorxInvest and Belfius

On September 19th, 2024, an agreement was announced that WorxInvest would acquire half of the interest of Gimv NV in Infravest NV. Infravest NV – incorporated as a 100 % subsidiary of Gimv - is with 21,32 % the largest shareholder of TINC NV and is also the indirect shareholder of TINC Manager NV, de statutory director of TINC NV. As part of this transaction, Gimv NV and Belfius NV would also contribute their respective interest in TDP NV, the joint venture incorporated by Gimv and Belfius to develop and manage a wide variety of infrastructure assets, in Infravest NV. The transaction was subject to the usual conditions precedent including approval by the relevant authorities.