# TVH Group restructures ownership, seeks minority partner for parts division

TVH Group restructured ownership: Vanhalst family owns 100% of Mateco, Thermote family owns 60% of TVH Parts, and the remaining 40% of TVH Parts is open to an external partner such as an international asset manager, pension fund, or large family.

- Type: Investment
- Announced: 2021-03-25
- Where: Belgium
- Status: announced
- Products: lift truck parts, machinery rental
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [TVH](https://endata.com/companies/19598.md)
- [Mateco](https://endata.com/companies/38746.md) (partner)

## Sources

- [mhwmag.com](https://www.mhwmag.com/nuts-bolts/tvh-reshuffles-ownership-and-looks-for-minority-partner-for-parts-division/), 2021-03-25: "They are searching for an external partner for the remaining 40 percent."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.