The family shareholders of the Belven Group, a valve specialist of Malines origin, have reached an agreement with the company's management team on the transfer of a majority stake of the group shares. The management team, consisting of Eng. Ann Van Genechten, technical manager, Philip Pirenne, financial manager, and Philippe Wauters, commercial manager, has worked for many years in the company with the family shareholders. The team has taken over the helm as majority shareholder and director, to lead Belven in its new phase of development.
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