Cresco is proud to have acted as lead counsel to Welfvaartsfonds (WVF) in the €11 million funding round of Skilpod, a pioneering Belgian company specializing in sustainable and modular housing solutions.
Skilpod has gained prominence in the construction industry for its innovative approach to building sustainable homes using modular and energy-efficient techniques. The €11 million investment will fuel Skilpod’s expansion plans, allowing the company to build a new factory to produce residential modules, for both private and social housing. The factory will be able to produce 600 houses and flats annually.
WVF is a private equity fund investing in promising Flemish companies in order to revitalize the Flemish economy after the pandemic. The fund focuses on growth companies with a sustainable character.
The Cresco deal team consisted of David Dessers, Olivier Van Raemdonck, Veerle Brusseleers, Emma De Brabandere and Charles Groffils.
More information on this transaction can be found in De Tijd.
For any further questions, please contact David Dessers or Olivier Van Raemdonck.