Geodynamics and Sofindev conclude partnership.

With a view to spur its international growth, Stijn Stragier and Peter Vermeesch, managers and shareholders of Geodynamics, have reached an agreement with Sofindev to become shareholder of the group. As a result of this transaction, SOFINDEV IV acquires a majority stake in Geodynamics. Stijn Stragier and Peter Vermeesch retain a significant minority stake in Geodynamics and remain in charge as managing directors.

Through the investment of Sofindev, Stijn Stragier and Peter Vermeesch attract a strong financial and strategic partner, with the objective to accelerate the strong growth of Geodynamics, both in its home market Belgium and on an international level.

Published on 08-04-2016
Press release

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