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Despite the takeover, there is also the bitter reality that approximately 1.500 employees will lose their jobs.

The recent takeover agreement between VDL Groep and Schmitz Cargobull for the activities of the Belgian bus and trailer manufacturer Van Hool marks a new chapter in the European transport industry. This agreement not only ensures a restart for the Belgian bus builder, but also a strategic realignment in the sector. The acquisition, which took place against a backdrop of intense interest and bids from various parties, highlights the value of Van Hool's expertise and the future potential of its bus and trailer divisions.

The Eindhoven group VDL Groep, known for its expertise in high-tech manufacturing, has taken over Van Hool's bus activities, while Schmitz Cargobull, a leading German company in trailer production, is responsible for the trailer division. The competition for the takeover was fierce, with the late counter-bidder being the Flemish entrepreneur Guido Dumarey, who promised to keep more jobs in Belgium by taking over the bus activities. Dumarey claimed support from the American distributor of Van Hool's coaches. In addition, CIM Capital was a serious candidate for the trailer division.

Reactions to the takeover agreement are mixed. Trade unions express their disappointment and concern about the loss of jobs, a sentiment that is common among Van Hool staff. The Christian trade union ACV speaks of a major impact and disappointment due to Van Hool's bankruptcy, despite a sense of relief that the period of uncertainty is over. The socialist union ABVV echoes these sentiments, highlighting the bitter reality that around 1.500 workers are losing their jobs.

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Van Hool
Photo: © Pitane Blue - Van Hool

The local authorities, represented by Rik Verwaest, mayor of Lier, were cautiously positive. The focus is now on the future development of the industrial estate where Van Hool was located, with the aim of creating as many jobs as possible per square meter.

This acquisition illustrates the challenges and opportunities within the European transport industry, where consolidation and innovation go hand in hand. The involvement of VDL and Schmitz Cargobull promises a new era for Van Hool's activities, with potential for growth and development. The acquisition also underlines the importance of industrial synergies in the globalizing market, with a focus on sustainability, technological progress and job retention.

The transition period will be critical to the future direction of the acquired divisions, taking into account the concerns of employees and local communities. Retaining and creating jobs remains a priority, as well as ensuring the innovative power of the European transport sector.

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