Gustave Boël
Gustave André Boël was a Belgian industrialist and liberal politician. He was the father of Pol Clovis Boël.
Career
Boël was the son of farmers, growing up with four brothers and a sister. Boël studied at the industrial school of Houdeng-Aimeries and in 1851, at the age of 14, started working at the Etablissements Ernest Boucquéau. He became foreman of the factory and in 1865 he became plant manager. Ernest Boucquéau, at the edge of bankruptcy and faced with the refusal of his family to help him, asked Boël and his accountant to assist him in saving the company. They helped gather the necessary funds to finish the work he had started on the railroad tunnel between Enghien and Geraardsbergen of the railroad of Braine-le-Comte to Ghent.On 16 July 1880, Ernest Boucquéau died without leaving an heir and he bequeathed his fortune and his companies to Gustave Boël and his accountant. When the accountant died, Boël became the sole heir of the entire fortune and the factories. As of 1881, he modernized his companies and created an industrial group by taking participations in other companies, such as the steel factories Fabrique de Fer de Charleroi in Charleroi and in Braine-le-Comte, coal mines and glass industry les Glaces de Moustier-sur-Sambre which would become Glaverbel. On 1 September 1888, Gustave Boël was one of the first in Belgium who established a participation in the profits for the employees of his factory. In 1912, the Etablissements Ernest Boucquéau would become the Usines Gustave Boël.