Gimv sells its stake in Barco to Van de Wiele Group

09/06/2014 - 08:00 | Portfolio

Gimv sells its 9.6%-stake in Barco to international technology company Van de Wiele, which gives Barco the guarantee to further build its technological leadership.

Gimv sells its 9.6%-stake in Barco to Van de Wiele Group, a leading international technology company and excellent example of the Flemish manufacturing industry.

Gimv and Barco have a long common history dating back to the early 80s. With the Van de Wiele Group, Barco again obtains a sustainable long-term shareholder, which offers the company the best guarantee to continue the global expansion of its technological leadership.

Gimv will use the proceeds for future investments in new leading growth companies.

The agreed price structure has no material impact on the current book value of Gimv.

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