Floorcoverings manufacturer Belysse, formerly known as Balta, has announced changes to its Board of Directors.
A statement said: “We are pleased to announce that Heath Road bv, represented by its permanent representative Mr. Johan Deburchgrave, and Mr. Vishesh Khatnani will join the Board of Directors of Belysse Group NV with immediate effect.
“Heath Road bv, represented by its permanent representative Mr. Johan Deburchgrave, was appointed as independent director of the Company for a four-year period, until the annual general meeting resolving on the annual accounts of the financial year ending on 31 December 2028.
“Mr. Johan Deburchgrave is CEO of Vandersanden Group (since January 2024), the largest family-owned ceramic brick producer in Europe. With more than 30 years of experience in the construction industry, including in an international context, Johan has strong operational and general management skills.
“Mr. Vishesh Khatnani was appointed as non-executive director of the Company for a four-year period, until the annual general meeting resolving on the annual accounts of the financial year ending on 31 December 2028.
“Mr. Khatnani is a Director at Hudson Advisors UK Limited, which advises Lone Star Funds, including Lone Star Fund IX, an investor in the Company.
“Furthermore, Mr. Cyrille Ragoucy (non-executive director), Mr. Michael Kolbeck (non-executive director), Accelium bv, represented by its permanent representative Mr. Nicolas Vanden Abeele {independent director), Mrs. Vanessa Temple (independent director), Mr. Neal Morar (non-executive director), Mrs. Hannah Strong (non-executive director) and Mrs. Claire Knollys (non-executive director) were reappointed as directors of the Company for a four-year period.
“Mr. Itzhak Wiesenfeld (independent director) and Mr. Patrick Lebreton (non-executive director), were not reappointed.
“The Board of Directors thanks Mr. Itzhak Wiesenfeld and Mr. Patrick Lebreton for their contribution and welcomes Heath Road bv, represented by its permanent representative Mr. Johan Deburchgrave, and Mr. Vishesh Khatnani as new board members.”
