Connected Consumer

Company profile

As one of Europe’s top five wall covering producers, Grandeco produces mainly high-quality vinyl wallpaper, sold both under its own brands (including Ideco and Grantil) and under private label. The enterprise is well known for the quality of its products and services, its state-of-the-art machinery and its experienced management team with a strongly innovative focus. Grandeco, a spin-out of the Balta Group, has production facilities in Belgium and France and a distribution centre in the United Kingdom. Together with Gimv, Grandeco is looking to expand in the high value segment of the wallpaper market. A particular target here is the further penetration of the Eastern European market.

Read more about Grandeco and our partnership in Gimv Insights, October 2017


Tom Van de Voorde, Managing Partner - Head Smart Industries

Tom Van de Voorde reinforced the Gimv-team in 2007, first in Buyouts & Growth Belgium, where he realized several management buyouts and investments in growth companies and consequently within Smart Industries Platform. Today he is responsible for Gimv’s Smart Industries platform, focused on investments in technology/engineering with value creation as a result.

He gained valuable experience in investment banking at Bank Degroof, where he worked as Vice President Investment Banking & Private Equity and Advisory at NIBC in Brussels as head of M & A.

He is a member of the board of directors of Cegeka, Mega, Summa, Grandeco and Impression International and realized following exits since 2014: Trustteam, Xeikon, Hecht, Luciad and Vandemoortele.

Tom Van de Voorde holds a Master’s degree in Commercial Engineering from the University of Leuven (KU Leuven) and a fulltime MBA from the University of Chicago (Booth).


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2018 Antwerpen


Tom Van de Voorde