At furniture manufacturer Leolux in Venlo, the Netherlands, a protracted and highly charged internal battle has come to an end. Owners Sebastiaan and Jeroen Sanders have reached a settlement and agreed on the future direction of the company. This also brings an end to the ongoing proceedings at the Enterprise Chamber. 
© cultuurinvenlo.nl
Under the agreement, Jeroen Sanders – former top executive and involved with the company since 1973 – is stepping down completely from Leolux. Sanders built the family business into an international furniture brand during his 32 years of management. In 2009, he handed over the reins but remained involved for several more years as a mentor to the succeeding generations.
The recent period was turbulent: financial problems, a reorganisation, the departure of Sebastian Sanders as managing director, and an intervention by the Enterprise Chamber led to considerable tensions between father and son. Jeroen Sanders also publicly criticised the interim directors appointed by the Enterprise Chamber. The escalating conflict culminated in legal proceedings and a public debate about the future of the Venlo family business.
© Leolux.nl
According to the joint statement, both owners are now looking ahead. The agreement states that they do not want to stand in the way of the new management and wish to give the company room for "a fresh start."
Jeroen Sanders said in a statement, "Sebastiaan and I are pleased to conclude a turbulent period and wish this wonderful company all the best. We are confident in a bright future for Leolux and everyone involved."
With the agreement in place, Leolux says it is leaving the turbulent phase behind and aims to focus fully on recovery and further development. A new managing director is expected to be appointed soon to lead the organisation into a more stable and future-proof chapter.
More information:
Leolux Furniture Group B.V.
Marinus Dammeweg 55
5928 PW Venlo
www.leolux.nl
The Netherlands
