LVD obtains gold label as a best managed company


LVD Company nv has been named among Belgium’s Best Managed Companies for the fourth consecutive year achieving the program’s Gold label.

The Best Managed Companies designation is granted annually by Deloitte Private, Econopolis and KU Leuven to private Belgian companies with top management processes, attention to sustainable management and strong financial results.

In 2017 Deloitte Private launched Belgium Best Managed Companies in collaboration with Econopolis, joined by KU Leuven in 2019. The Best Managed Companies program evaluates and challenges organizations’ strategy and operational management against a proven global framework based on four pillars: a clear long-term strategy, extensive capabilities, strong commitment, and financial performance. Following the unique challenges of 2020, resilience, leadership and agility have been particularly acknowledged in the selection of this year’s six Best Managed Companies.

“We’re proud of this designation and for achieving it for a fourth year,” said Carl Dewulf, CEO, LVD Company. “As a family-owned business, our strategic planning process is dynamic, allowing us to move strategy and tactics quickly to suit business conditions. In a year of extraordinary circumstances, this agility served us well.”

LVD Group is represented in 47 countries, has 19 subsidiaries and multiple manufacturing facilities across Europe and the U.S. In 2020, despite the challenges of a global pandemic, the company introduced some of its most high-technology sheet metalworking machinery to date, including an auto tool-changing robotized bending cell.