# Belven Group valve maker passes majority stake to management team

Family shareholders of Belven Group, a valve specialist based in Malines, agreed to transfer a majority stake in the group to its management team, while remaining as minority shareholders.

- Type: Acquisition
- Announced: 2021-09-19
- Where: Malines, Belgium
- Status: completed
- Products: valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Belven Group](https://endata.com/companies/8408.md) (target)

## Sources

- [valve-world.net](https://valve-world.net/management-buyout-belven-nv-sa/), 2021-09-19: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.