Samiksha Jaiswal (Editor)

Thermote and Vanhalst

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Industry
  
internal transport

Revenue
  
€1 223 million (2015)

Headquarters
  
Waregem, Belgium

Area served
  
Worldwide

Founded
  
1969

Number of employees
  
5,000

Thermote & Vanhalst wwwtvhcomglobsitesallthemestvh201306logopng

Founder
  
Paul Thermote & Paul Vanhalst

Key people
  
Paul Thermote – president

Products
  
spare parts and accessories for forklift trucks, aerial work platforms, agricultural tractors and industrial in-plant vehicles. sales of forklift trucks and aerial work platforms (new and used) rental of forklift trucks and aerial work platforms

Subsidiaries
  
TVH UK LTD., Tractiv Group Ltd., Statech S.R.O.

Profiles

Het logistieke distributiecentrum van thermote vanhalst in waregem


TVH Group (formerly TVH Thermote & Vanhalst) is a Belgian company active in the market of forklift trucks, aerial work platforms, agricultural tractors and industrial vehicles. The company is a global player in the distribution of forklift trucks and the sales of spare parts. The international company has its headquarters along the E17 in the West-Flemish city of Waregem.

Contents

History

TVH is a family business that was founded in 1969 in Gullegem by Paul Thermote & Paul Vanhalst, both descendants from an agricultural family. The company is currently led by the second generation.

Initially the company concentrated on the purchase, repair and sales of agricultural machinery and former military lift trucks. During the first couple of years, the field of activity for the purchase of used lift trucks was mainly focussed on Belgium and the surrounding countries. The European market however soon be-came too small and as a result the company shifted a part of its focus to Japan. Thousands of used forklift trucks were purchased there, after which they were repaired and sold all over Europe. From this originated the demand for spare parts for the repairs, which later developed into the main activity of the group: the sales of forklift spare parts.

The group experienced a strong growth in both turnover and work force. For the company grew from 96 employees in 1989 to more than 400 employees by the end of the 90's, to over 5000 employees at the beginning of 2017.

Activities

The company is active in more than 170 countries worldwide. In addition to the head office in Waregem, TVH has a regional head office for America in Olathe, Kansas (TVH Parts Co.). TVH is divided in 2 business units: Parts & Accessories and Equipment. Equipment has 4 activities: Sales, Rental, Service and Trade. Sales division is responsible for the sales of used lift trucks and aerial work platforms, on a global scale. The Rental division rents mainly lift trucks and aerial work platforms, in Belgium, the Netherlands, Luxemburg, Germany, Poland, Czech Republic, Hungary. The Service division is handling maintenance and repair of lift trucks, aerial work platforms, telehandlers ... The Rental Division is active in countries such as Belgium, the Netherlands, Luxembourg and many other European countries. The Service & Repair Division is a service TVH only offers in Belgium. The Parts & Accessories Division and the Equipment Division are both active across the five continents with own branches and local stock in the main regions. Furthermore TVH also has a training centre providing driver and technical trainings. The unequalled know-how of TVH's Parts Division is reflected by a database of 21,000,000 article numbers, of which well over 600,000 references are in stock. The typical characteristic of the company is that it is not brand specific but offers parts for all brands. TVH has several own brands such as Energic Plus (battery chargers), TotalLifter (hand pallet trucks, lift tables ...), TotalSource (parts), Climax (hand pallet trucks, lift tables, mini pullers). For the growing market of electronic parts for material handling and industrial vehicles, a separate electronics repair centre was built, working together with Curtis, Sevcon, PG Drives and SME The MyTotalSource ordering platform is ment for logged in customers only, to obtain information about the availability of the parts, order or ask quotes.

References

Thermote & Vanhalst Wikipedia