03.08.11

XL Video receives new investment

XL Video Group Holdings has secured new investment for the XL Group to the tune of €19m.

Gimv-XL, an independent European investment company with over 30 years experience in private equity and venture capital projects is listed on Euronext Brussels. Its spokesman, Peter Maenhout from Gimv-XL comments, this is one of those Flemish companies that may not be known to the general public, but in its sector is world famous as one of the biggest names in the world of concerts and video.

“XL Video boasts flexibility, quality and technical expertise. The people and their reputation make the difference. We believe this company has many growth opportunities. With Gimv-XL as a partner XL Video will play a leading role in the developments in its sector.”