Geodynamics and Sofindev conclude partnership to support further growth and internationalization of Geodynamics
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.