D’Ieteren pays more than one billion for stake in TVH

July 12, 2021

D’Ieteren Group has signed an agreement to acquire a 40% stake in forklift parts specialist TVH. The investment is worth over one billion euros /D’Ieteren Groep

D’Ieteren is taking a 40% stake in TVH Parts. The Waregem (Belgium) headquartered TVH Parts is a global, independent leader in aftermarket parts of forklifts, industrial construction, and agricultural equipment. The investment amounts to 1,172 billion euro, according to the car service group. The forklift parts specialist has 81 branches in 26 countries on all

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