Sofindev sells its participation in Fedrus International to the majority shareholder Koiba.

Sofindev IV NV sells its participation in Fedrus International, a Belgium-based international building materials group, active in the production and distribution of roof & façade materials and services, to the majority shareholder Koiba.

After a successful partnership with Koiba, Sofindev and ING Corporate Investments have sold their shares in Fedrus International to the majority shareholder Koiba, the family investment holding company of the Vandecruys family. With this additional investment to become the sole shareholder, the Vandecruys family expresses its confidence in Fedrus International NV and its willingness for a long-term commitment to the group.