{"id":602,"date":"2024-04-20T14:09:25","date_gmt":"2024-04-20T12:09:25","guid":{"rendered":"https:\/\/lama-fortune.com\/?p=602"},"modified":"2025-02-13T11:55:17","modified_gmt":"2025-02-13T10:55:17","slug":"urbain-vandeurzen-lms","status":"publish","type":"post","link":"https:\/\/old.lama-fortune.com\/en\/urbain-vandeurzen-lms\/","title":{"rendered":"Urbain Vandeurzen: From LMS to Siemens, a \u20ac700m Belgian Success Story - Pionnier de l'Innovation"},"content":{"rendered":"<h2 class=\"wp-block-heading\">Urbain Vandeurzen<\/h2>\n\n\n\n<p>An engineer at the age of 24, Urbain Vandeurzen became <strong>shareholder of LMS, <\/strong>a company launched in 1979 by assistants at KU Leuven University. Under his leadership, LMS has established itself as a pioneer in test systems and simulation software designed for the most demanding applications. <strong>the industry <a href=\"https:\/\/lama-fortune.com\/category\/automobile\/\" data-type=\"category\" data-id=\"64\">automotive<\/a>aeronautics and machinery<\/strong>. This Belgian company specializes in combating vibrations and improving the comfort, driving behavior and durability of the products tested.<\/p>\n\n\n\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;69f7f4f75d74f&quot;}\" data-wp-interactive=\"core\/image\" data-wp-key=\"69f7f4f75d74f\" class=\"wp-block-image size-large wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"389\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on--click=\"actions.showLightbox\" data-wp-on--load=\"callbacks.setButtonStyles\" data-wp-on-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/lama-fortune.com\/wp-content\/uploads\/2024\/04\/LMS-e1709644258868-1024x389.png\" alt=\"Urbain Vandeurzen company logo\" class=\"wp-image-2423\" srcset=\"https:\/\/media.lama-fortune.com\/2024\/04\/LMS-e1709644258868-1024x389.png 1024w, https:\/\/media.lama-fortune.com\/2024\/04\/LMS-e1709644258868-300x114.png 300w, https:\/\/media.lama-fortune.com\/2024\/04\/LMS-e1709644258868-768x292.png 768w, https:\/\/media.lama-fortune.com\/2024\/04\/LMS-e1709644258868.png 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewbox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><\/figure>\n\n\n\n<p>Continuous innovation has enabled LMS to partially replace physical tests on prototypes with software simulations, and to move ahead in the field of <strong>mechatronics<\/strong>. Around 40 % of its sales came from Europe, another 40 % from Asia and the remaining 20 % from the United States, indicating a strong global presence and particular growth in emerging countries.<\/p>\n\n\n\n<p>Noting the entrepreneurial difficulties in Belgium due to <strong>labor costs and regulations, <\/strong>Vandeurzen has expanded LMS's prospects on the international scene. In 2012, LMS was acquired by <strong>the giant Siemens<\/strong> for 700 million euros, <strong>Vandeurzen then owned 60 % of the company and became the Top 60 richest Belgians in the country (480 million euros).<\/strong><\/p>\n\n\n\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;69f7f4f75db55&quot;}\" data-wp-interactive=\"core\/image\" data-wp-key=\"69f7f4f75db55\" class=\"wp-block-image size-full wp-lightbox-container\" id=\"gimv\"><img loading=\"lazy\" decoding=\"async\" width=\"1667\" height=\"263\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on--click=\"actions.showLightbox\" data-wp-on--load=\"callbacks.setButtonStyles\" data-wp-on-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/lama-fortune.com\/wp-content\/uploads\/2024\/04\/Siemens_logo_rgb.jpg\" alt=\"Logo of Siemens, which bought Urbain Vandeurzen&#039;s company\" class=\"wp-image-2425\" title=\"\" srcset=\"https:\/\/media.lama-fortune.com\/2024\/04\/Siemens_logo_rgb.jpg 1667w, https:\/\/media.lama-fortune.com\/2024\/04\/Siemens_logo_rgb-300x47.jpg 300w, https:\/\/media.lama-fortune.com\/2024\/04\/Siemens_logo_rgb-1024x162.jpg 1024w, https:\/\/media.lama-fortune.com\/2024\/04\/Siemens_logo_rgb-768x121.jpg 768w\" sizes=\"auto, (max-width: 1667px) 100vw, 1667px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewbox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><\/figure>\n\n\n\n<p>After the sale, he devoted himself to<strong> Smile Invest, a new fund raising \u20ac250 million in venture capital in 2017, <\/strong>backed by influential entrepreneurs and managed by former Gimv executives. Vandeurzen advocated the privatization of <strong>Gimv<\/strong>which he chaired unsuccessfully from 2011 to 2016. Today, he is diversifying his investments, with a particular interest in the <strong>viticulture<\/strong> in Hageland.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Entity<\/th><th>Role\/Beneficiary<\/th><\/tr><\/thead><tbody><tr><td>Urbain Vandeurzen<\/td><td>Founder of LMS, Chairman of Smile Invest<\/td><\/tr><tr><td>LMS<\/td><td>Specialized in test and simulation for industries<\/td><\/tr><tr><td>Gimv<\/td><td>Partner and former president of Vandeurzen<\/td><\/tr><tr><td>Siemens Industry Software<\/td><td>New name for LMS after acquisition<\/td><\/tr><tr><td>Smile Invest<\/td><td>Venture capital fund to diversify investments<\/td><\/tr><tr><td>KU Leuven<\/td><td>LMS home university<\/td><\/tr><tr><td>Vlaamse overheid<\/td><td>Gimv's largest shareholder<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;69f7f4f75de37&quot;}\" data-wp-interactive=\"core\/image\" data-wp-key=\"69f7f4f75de37\" class=\"wp-block-image size-full wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"2560\" height=\"1707\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on--click=\"actions.showLightbox\" data-wp-on--load=\"callbacks.setButtonStyles\" data-wp-on-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/lama-fortune.com\/wp-content\/uploads\/2024\/04\/cad-engineer-working-with-manufacturing-software-develop-industrial-machinery-gears-model-engineering-technical-machine-product-computer-construction-industry-development-scaled.jpg\" alt=\"mechanical testing software from Urbain Vandeurzen\" class=\"wp-image-2428\" srcset=\"https:\/\/media.lama-fortune.com\/2024\/04\/cad-engineer-working-with-manufacturing-software-develop-industrial-machinery-gears-model-engineering-technical-machine-product-computer-construction-industry-development-scaled.jpg 2560w, https:\/\/media.lama-fortune.com\/2024\/04\/cad-engineer-working-with-manufacturing-software-develop-industrial-machinery-gears-model-engineering-technical-machine-product-computer-construction-industry-development-300x200.jpg 300w, https:\/\/media.lama-fortune.com\/2024\/04\/cad-engineer-working-with-manufacturing-software-develop-industrial-machinery-gears-model-engineering-technical-machine-product-computer-construction-industry-development-1024x683.jpg 1024w, https:\/\/media.lama-fortune.com\/2024\/04\/cad-engineer-working-with-manufacturing-software-develop-industrial-machinery-gears-model-engineering-technical-machine-product-computer-construction-industry-development-768x512.jpg 768w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewbox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><\/figure>\n\n\n\n<p>In its diversified commitment, Urbain Vandeurzen demonstrates a clear ambition: to drive innovation and create value in a variety of sectors, while adapting to international economic requirements. <strong>resulted in assets of \u20ac482,933,000.<\/strong><\/p>","protected":false},"excerpt":{"rendered":"<p>Discover the rise of Urbain Vandeurzen, from young engineer to successful entrepreneur, leading LMS to the forefront of industrial simulations until its acquisition by Siemens for 700 million euros. A journey marked by innovation, investment diversification with Smile Invest, and a passion for winegrowing.<\/p>","protected":false},"author":3,"featured_media":2421,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[64,80,35,4,76,77],"tags":[66,5,32,27,6,37],"class_list":["post-602","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automobile","category-aviation","category-gestion-de-patrimoine","category-industriel","category-informatique","category-logiciel","tag-automobile","tag-belgique","tag-entreprise-familiale","tag-flandre","tag-industiel","tag-patrimoine"],"taxonomy_info":{"category":[{"value":64,"label":"Automobile"},{"value":80,"label":"Aviation"},{"value":35,"label":"Gestion 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Moth\u00e9","author_link":"https:\/\/old.lama-fortune.com\/en\/author\/mmothe\/"},"comment_info":0,"category_info":[{"term_id":64,"name":"Automobile","slug":"automobile","term_group":0,"term_taxonomy_id":64,"taxonomy":"category","description":"","parent":0,"count":67,"filter":"raw","cat_ID":64,"category_count":67,"category_description":"","cat_name":"Automobile","category_nicename":"automobile","category_parent":0},{"term_id":80,"name":"Aviation","slug":"aviation","term_group":0,"term_taxonomy_id":80,"taxonomy":"category","description":"","parent":0,"count":11,"filter":"raw","cat_ID":80,"category_count":11,"category_description":"","cat_name":"Aviation","category_nicename":"aviation","category_parent":0},{"term_id":35,"name":"Gestion de Patrimoine","slug":"gestion-de-patrimoine","term_group":0,"term_taxonomy_id":35,"taxonomy":"category","description":"","parent":0,"count":95,"filter":"raw","cat_ID":35,"category_count":95,"category_description":"","cat_name":"Gestion de 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