Sofindev and STAK Poppies Notify Belgian Authority of Joint Control Acquisition
The Belgian competition authority has received a notification regarding the joint acquisition of control over Finvision and VGD by Sofindev and STAK Poppies through a newly established investment vehicle.
05.10.2026 | Belgian competition authority
On October 6, 2026, the Belgian competition authority's auditor-general received a notification of a concentration under Article IV.10, § 1 of the Economic Law Code. This notification pertains to the joint acquisition of control by Sofindev and STAK Poppies over Finvision and VGD via the investment vehicle VGD-Finvision BV.
The concentration primarily concerns various sectors including the design of computer programs, IT services, computer infrastructure, data processing, hosting, web portal activities, and other business services. The notifying party has requested the application of a simplified procedure as per Article IV.70, §1 of the Economic Law Code.
The authority invites interested third parties to submit their comments regarding the proposed concentration, preferably by October 13, 2026. Comments can be sent via email, referencing MEDE.CCS.26-0027.
