Philippe D'Heygere: Industrial laundry leader with €39.9 million in assets

Philippe D'Heygere

Philippe D'Heygere, formerly at the helm of Stowa renowned manufacturer of industrial storage systemsmanaged the company for 13 years before selling it in 2001 to the Swiss firm Kardex. After a discreet interlude during which he worked in the investment and real estate, he made a comeback by acquiring the group Lapauwbased in Kortrijk, Belgium, specializes in the production ofindustrial washing machines and Philippe D'Heygere has assets estimated at over 39 million euros.

The Lapauw Group, led by Philippe D'Heygere as CEO, has distinguished itself by its expansion into new geographical markets. Indeed, back in 2011, the group made a significant sale of 60 machines to a major Saudi company, marking the largest order in the company's history.

Despite a tumultuous career related to the sale of Stow, including high-profile investors such as Christian Dumolin and misunderstandings leading to litigation, D'Heygere has maneuvered his way to new horizons. He is renowned for his ability to forge links, particularly in West Flanders.

Under the aegis of D'Heygere, Lapauw has continued to innovate, strengthening its position as a producer of front-line equipment for industrial laundries. The company asserted itself not only within Belgium, but also on the international scene with branches such ase Lapauw France and Lapauw USA, underlining D'Heygere's interest in global markets.

An assertive public figure, Philippe D'Heygere has also demonstrated his support for the Belgian monarchy, stressing the importance of a stable, apolitical figure, in contrast to the changing tendencies of governments. His relationship with former King Albert and King Philippe, whom he met while taking part in economic missions and international forums, testifies to his involvement in the dialogue between Belgium and the rest of the world. commercial and state spheres and with a fortune of €39,870,279.

Lapauw and its current management envisage a future focused on the laundry sector, with continued expansion and a commitment to innovation. No joint statement was made concerning new strategic initiatives or partnerships, such as withc Altec Laundry EquipmentBut the company's interest in development seems undeniable.