Cobepa Acquires Majority Stake in Itineris

Cobepa has signed an agreement to acquire a majority stake in Itineris, a Ghent-based provider of customer information systems and utility software. Existing institutional investors PMV, Gimv, Smartfin and SFPIM will exit, while founder and CEO Edgard Vermeersch remains the largest non-institutional shareholder; the investment is intended to accelerate growth, expand Itineris' global footprint, and strengthen its software capabilities for water and energy utilities.