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Belgotex fully acquires Lano Carpets

Belgotex International has acquired the remaining 40% stake in Lano, making Lano now fully part of the Belgotex International group. Earlier, in 2022, Belgotex had already acquired a 60% majority stake.

© Lano Carpets

Luc Blommaert, CEO of Belgotex International, responds with delight: 'We are delighted to welcome Lano fully into the Belgotex family. This acquisition not only strengthens our market position but also increases our ability to provide innovative solutions and enter new markets. We remain true to the rich heritage and expertise that Lano brings.'

In addition, Olivier Decouttere has been appointed as Lano's new CEO. Olivier, from Kortrijk and living in Harelbeke, has more than 20 years of international executive experience. Previously, he was Managing Director at Mattex Fabrics in Dubai and responsible for global carpet backing sales. His strategic insight and industry knowledge will be crucial for Lano's next phase of growth.

For customers, little will change in day-to-day operations; contacts, collections, invoicing and deliveries will remain unchanged. This full integration allows Belgotex and Lano to better join forces, which will lead to more innovation and product development.

More information:
BALSAN
www.balsan.nl

Lano Carpets
www.lano.nl

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