Gimv Invests in Castelein Sealants

Gimv, a Belgian investment company with expertise in private equity and venture capital, recently announced a strategic investment in the Castelein Sealants group, together with management and investment fund Akiles. Founded more than 15 years ago by Christophe Castelein and Valérie Bioul, Castelein Sealants offers a wide range of specialized air and water sealing solutions that contribute to the sustainability of existing and new buildings. The company develops, manufactures and distributes air and water-tight sealing products for the facade and window industry. Castelein Sealants produces custom-made sealing products and delivers them just-in-time, thereby optimizing the construction process and significantly reducing site waste. Since its establishment in Belgium, the company has grown strongly in the Netherlands and Luxembourg in recent years, partly with the participation of Akiles. The strengthened collaboration between Gimv, Akiles and management is part of the company's growth phase in Europe, where it initially wanted to make further investments to accelerate its existing growth in France. Gimv has developed significant expertise in helping European companies achieve their growth targets, aiming to create sustainable value for both the economy and society. The Gimv Sustainable Cities team is fully committed to investments that contribute to sustainable urbanization. The solutions provided by Castelein Sealants help make new and renovated buildings more sustainable and meet current energy efficiency criteria. This is necessary to achieve the energy transition and aligns fully with the team's investment strategy. Source