The Philippson family, co-founders of Bank Degroof, has become the majority shareholder of the renowned Belgian bakery chain Les Tartes de Françoise.
De Tijd reports this.
With new leadership in place, the company aims to expand from 22 to 32 stores over the next three years.
This marks a new chapter for Les Tartes de Françoise, as the Philippson family joins forces with the existing management team.
Longtime CEO Jean Baisier is stepping down, while former shareholder Hernould is also exiting the company.
Jos Linkens, the current chairman (and former CEO of Neuhaus), will remain on board and increase his stake.
Humbert della Faille, a former Bain consultant, will take the helm as the new CEO and join as a shareholder. He has spent the past year preparing for this leadership transition.
