Cresco

News – General corporate and securities matters

Belgian Government in transaction with von Karman Institute

Cresco assisted the Belgian Government in a re-orientation program to improve the financial and operational position of the von Karman Institute for Fluid dynamics (“VKI”). This included a credit facility granted by the Belgian government to VKI, amendments to the articles of association of VKI and the appointment of a new board of directors.  

VKI is a non-profit international educational and scientific organisation, founded in 1956 and hosting three departments (aeronautics and aerospace, environmental and applied fluid dynamics, and turbomachinery & propulsion). VKI undertakes and promotes research in the field of fluid dynamics.

More information on the transaction can be found here:

Belga

Het Nieuwsblad

Filip De Schouwer and Tessa Gijbels constituted the deal team for this transaction.

For any further information or questions, please contact Filip De Schouwer or Tessa Gijbels

Our people