De Clerck Family Companies of Belgium Seek Partner

Waregem, Belgium, June 10--Various members of the De Clerck family have signed a statement of intent and are currently conducting negotiations on setting up a new joint industry group. The parties sitting around the table are Stephan Colle (Beaulieu Kruishoutem), Dominiek De Clerck (Ter Lembeek International), Francis De Clerck (IDEAL Group), Luc De Clerck (Berry Floor Group) and Roger De Clerck (Beaulieu Kunststoffen). The reasons behind this prospective partnership are to be found in the ongoing globalisation of the world economy and the fact that joining forces offers added weight and strength as new challenges are faced in a broader world market. The family is seeking to lead the way in making the first step in the imperative consolidation of the carpet industry in Europe in the footsteps of what has been a successful consolidation of this industry in the United Stated some years ago. The success hinges on due approval from the Competition Board and further terms being reached on a number of points in the contracts between the various parties. Discussions are expected to be finalised early July.

Related Topics:Beaulieu International Group

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