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NEWS INDUSTRY UPDATE Industry Update


Flair Recognised At Family Business Awards


Flair Rugs was delighted to be recognised at the 2016 Midlands Family Business Awards, a prestigious event bringing together a host of like-minded businesses and business leaders to celebrate their collective successes in the year just gone.


Tom Gysens Appointed New CFO of Balta Group


Tom Gysens has been appointed as the new Chief Financial Officer for Balta Group.


Tom joined the Balta Group Management Committee on December 1st 2016 and worked with Carl Verstraelen on a smooth transition until the end of the year.


Tom started his career in Audit with PricewaterhouseCoopers before joining Beaulieu International Group as Group Controller in 2004. He was Beaulieu’s CFO and Group Executive Committee member for the last eight years.


Tom Gysens said: “I am excited to join a company with a great cultural fit and I look forward to being part of Balta’s promising growth strategy.”


He succeeds Carl Verstraelen who successfully lead the Finance & IT department for over seven years. Carl can look back at a 40-year career as CEO or CFO of Amylum Group, Lhoist Group and Agfa Healthcare before joining Balta. He will now continue to be member of various supervisory boards.


Carl Verstraelen said: “The time is right for me to leave Balta in good hands with a great team and a promising successor. I wish him and Balta Group all the best.”


06 | Tomorrow’s Retail Floors


Flair fought off stiff competition to be listed as ‘Highly Commended’ in the Family Business of the Year category, a shortlist holding a number of names prevalent on the region’s business scene. The result has certainly consolidated Flair’s position as one such name, and the awards, held in the University of Birmingham’s Great Hall, further enhance the company’s growing reputation and profile within the UK rug sector.


These awards were first introduced to showcase the achievements of family businesses and their leaders, giving the Midlands’ best run and most innovative family organisations a chance to shine. Following the host of improvements made to Flair’s product portfolio and service offering throughout the last 12 months, it is therefore perhaps of little surprise that the brand’s name was read out when the Family Business of the Year category came around.


Tom Debusschere, CEO of Balta Group, said: “I would like to express my sincere thanks to Carl for building a great Finance and IT team over the years.


Despite continued growth in size, sales and colleague numbers, Flair has always stayed true to its values as a business that was created from scratch some 32 years ago. Flair holds on to its family-driven roots with a tight grasp, refusing to let them slip despite operations expanding at a significant rate.


Gareth Davies, Sales and Marketing Director, commented: “It’s a privilege to be listed as ‘Highly Commended’ in the Family Business of the Year category and we’d like to thank the judges for recognising the good work carried out at Flair.


“We know how intensive the judging process is, with visits and face-to- face interviews taking place with all relevant parties, so it’s great to think the panel were impressed with what they saw. The whole Flair family deserves credit for an excellent year culminating in this award, and we now look forward to an exciting 2017.”


www.flairrugs.com


I look forward to working together with Tom Gysens to help execute on our ambitious growth strategy.”


www.baltagroup.com www.tomorrowsretailfloors.com


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