Beneficial interest 50%
AvH Contact: Tom Bamelis
TH Trucks (dealerships, sales and maintenance of trucks, light commercial vehicles and trailers) has 34 sites: in Belgium (12), France (7), Russia (10), Bulgaria (4) and Belarus (1). It is one of the biggest DAF dealers worldwide. TH Trucks is also a dealer for Iveco, Dongfeng, Nissan, Mitsubishi and Kögel. 350 mechanics are at the service of customers every day.
TH Lease (long and short-term rental of trucks, light commercial vehicles and trailers) is the largest independent leasing company for commercial vehicles in Belgium with a fleet of more than 3,600 units. This service is offered in the other countries too.
TH Parts (Belgium, France, the Netherlands, Russia, Bulgaria, Poland, Belarus) is a key player for parts for trucks, light commercial vehicles and trailers. More than 200 specialists advise customers on the right choice of parts. The large stock of parts guarantees ready availability.
TH Turbos is one of the biggest distributors worldwide of turbochargers for the aftermarket. THG’s sites in six countries (Belgium, France, the Netherlands, Bulgaria, Poland and Romania) have very large stocks of new and revised turbochargers for cars, trucks and industrial applications. The technical support, repair service and warranty conditions make for an impeccable customer service.
Registrations of heavy-duty trucks in the EU increased by 12.3% in 2016. TH Groep generated a turnover in 2016 of 393 million euros, which is 12% more than in 2015. The EBITDA increased by 21% to 25.9 million euros, and the net result amounted to 9.3 million euros.
In Belgium, the garage in Strépy (Hainaut) was refurbished in 2016. In Bulgaria, construction began of a new garage in Sofia, and in France a service point was acquired in Roncq. In 2017, THG plans new service points in Erembodegem (Belgium), Dunkirk and St-Quentin, and the construction of a new garage in Le Havre (France). In addition, the group is actively looking for further expansion potential.