How Jan and Piet Dossche Transformed the Soil Industry: Their Secrets to a 321 Million Euro Fortune
Jan and Piet Dossche
Piet and Jan Dossche, from Oudenaardefounded US Floors which specializes in the production of unique, durable hard floor coverings such as those made from cork and bamboo. After a long career with Beaulieu of AmericaIn 2001, Piet Dossche launched his own business in Dalton, Georgia, laying the foundations for US Floors. Jan and Piet Dossche have assets of over €300,000,000.
Piet Dossche distinguishes itself by targeting the high-end segment of the hard flooring market, which has proved to be a successful strategy. US Floors has developed its own production capacity and, in 2012, filed a patent for Coreteca luxury alternative to conventional vinyl sheeting. The company's continued expansion led to the opening of an office in Shanghai in 2013 and the introduction of Coretec on the European market in 2014.
The company, under the management of Piet and Jan Dossche, has seen many successes. Piet controlled 60% from US Floorswhile Jan managed 40%, having initially worked in real estate development in Romania before focusing more on the introduction of Coretec in Europe.
In 2017, US Floors was sold to Shaw Industriesa subsidiary of the American businessman's empire Warren Buffet. This acquisition, personally negotiated by Buffet with what he called "the Flemish hidden champions "was estimated at at around $250 million.
The Dossche have not only innovated with products such as Coretecbut they have also transformed US Floors into a respected international brand, with offices and operations stretching from the United States to China and Europe.
Shaw Industriespart of the Buffet conglomerate, continues to benefit from the innovative legacy left by the founders of US Floors. With a strong presence in the floor coverings industry, Shaw continues the commitment to sustainability and innovation initiated by Piet and Jan Dossche. fortune estimated at over 321 million euros.
