TVH acquires Belgian company Battery Supplies

Dear customer,

TVH, a global player in the field of spare parts for lift trucks, industrial vehicles, construction machinery and agricultural tractors, has acquired the shares of Battery Supplies in Deerlijk, Belgium and its subsidiaries in Meyzieu, France (Battery Supplies France) and Erftstadt, Germany (BATTEC Batterie Vertrieb).

Founded in 1999, Battery Supplies has built a strong reputation over the years as a one-stop shop for the supply of batteries, battery chargers and accessories, as well as maintenance and repair services. They have 80 employees, a year revenue of over 43 million euros and a total database of 54 000 known article numbers, of which 6000 in stock.

While exploring possible synergies, it will be business as usual for the customers of TVH, Battery Supplies and its subsidiaries. The company keeps operating autonomously, from its current offices and warehouses, headed by its current management team. Your dedicated team remains available to you on the contact details you know.

We have already been working together side by side over the past years and we are convinced that Battery Supplies’s future-proof technical product expertise and vast market knowledge will contribute valuably to the technical capabilities of TVH. We acknowledge that due to the increasing electrification in our core markets the need for batteries and ancillary products will become more and more important – and could even be expanded beyond our existing markets. We look forward to exploring these options together with the Battery Supplies team.

Kind regards,

De Soete Alexander and Weyme Hans

2021-06-18T09:10:44+01:00
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