{"id":4187,"date":"2024-08-04T06:34:00","date_gmt":"2024-08-04T04:34:00","guid":{"rendered":"https:\/\/lama-fortune.com\/?p=4187"},"modified":"2025-02-13T13:14:48","modified_gmt":"2025-02-13T12:14:48","slug":"verstraeten-elaut-family","status":"publish","type":"post","link":"https:\/\/old.lama-fortune.com\/en\/famille-verstraeten-elaut\/","title":{"rendered":"The Secrets of Achiel Verstraeten: Revolutionizing the Amusement Gaming Industry with a Fortune of 47 Million Euros"},"content":{"rendered":"

Achiel Verstraeten<\/strong><\/h2>\n\n\n\n

Visit Verstraeten family<\/strong> is renowned in the gaming sector<\/a> of fun thanks to its innovations and commitment to quality. Founded by Achiel Verstraeten<\/strong> In 1959, the Elaut company revolutionized the market with inventions such as the three-motor crane mechanism and token-operated bumper cars. Achiel Verstraeten<\/strong> has a fortune of over 47 million euros. <\/strong><\/p>\n\n\n

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Achiel Verstraeten<\/strong><\/figcaption><\/figure>\n<\/div>\n\n\n

Expansion and innovation<\/h3>\n\n\n\n

Operating under the name Elaut, the company's influence has spread from Europe to the United States, with brands such as \"Coast to Coast Entertainment<\/strong> and Benchmark Games International. Elaut's product range includes ticket games, light games, basketball games and more. Current CEO, Eric Verstraeten<\/strong>emphasizes the importance of continuous innovation, stating that the company needs to introduce new games every five years to remain competitive, especially against low-cost Asian products.<\/p>\n\n\n\n

Diversification and quality<\/h3>\n\n\n\n

Elaut has also diversified into other industries, including manufacturingn of special furniture through its Metaco company.<\/strong> In the United States, Elaut USA was a key player, operating 36 arcades in various theme parks before selling this activity to refocus its efforts on the production of amusement equipment. The Verstraeten family makes a point of offering high-quality products, a strategy initially defined by Achiel, who preferred to see customers for sales rather than repairs.<\/p>\n\n\n

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\"Elaut<\/figure>\n<\/div>\n\n\n

Family members and their roles<\/h3>\n\n\n\n