GIMV STAKE IN PROLYTE

[BIZ: Brussels, March 16]
The regional investment company for Flanders GIMV has acquired a majority stake in the Dutch construction company Prolyte, which is the European market leader in the area of mobile aluminum construction for events and stands. Prolyte supplies materials for the concerts of The Rolling Stones for example. The transaction is via the Dutch GIMV subsidiary Halder, financial details have not yet been announced. Prolyte is currently active in The Netherlands, Germany and Belgium but wants to enter the markets of Eastern Europe, the Middle East, Asia and the United States.

(Source: De Standaard)
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