KeBeK sells its participation in Lumière Publishing
KeBeK Arkiv has sold its minority stake in Lumière Publishing to the company’s majority shareholder and founders Jan De Clercq and Alexander Vandeputte. Lumière Publishing, headquartered in Ghent, is a distributor of mainly European movies (arthouse and crossover) and TV series in the Benelux. In July 2010, KeBeK Arkiv invested in Lumière Publishing to support the growth of the company. Since the investment of KeBeK Arkiv in 2010, Lumière Publishing has nearly doubled its sales to around € 12 million and tripled its operating cash flow.