Sofindev has entered a strategic partnership with Hillewaert BV, enhancing its growth and international development prospects.

Information on the Target

Hillewaert BV, along with its subsidiaries Hillewaert Nederland and Mertens-Faema, is a prominent player in its sector, specializing in providing innovative solutions to its clients. Led by Kris Hillewaert and Patrick Hillewaere, the company has established a solid reputation for excellence and reliability in their operations. With the infusion of new capital from Sofindev, Hillewaert aims to enhance its capabilities and expand its market presence.

The partnership with Sofindev will allow Hillewaert to leverage additional financial resources and strategic expertise. Kris Hillewaert and Patrick Hillewaere will remain shareholders and continue to oversee the company's daily operations, ensuring a seamless integration of new strategies with existing management practices.

Industry Overview in the Target’s Specific Country

Belgium's business environment is characterized by a high degree of innovation and competitiveness, particularly in the service and solutions segment where Hillewaert operates. The country is known for its robust infr