D'Ieteren Group completes acquisition of 40% stake in TVH-Group

D'Ieteren Group SA completed the acquisition of a 40% stake in TVH-Group Thermote & Vanhalst from the Vanhalst family for €1.2 billion, valuing TVH-Group at an enterprise value of €3.65 billion.

“The transaction is financed through D'Ieteren Group's excess liquidity, valuing TVH Parts at an Enterprise Value of €3.65 billion.”marketscreener.com

• 1 source
• marketscreener.comD'Ieteren Group SA completed the acquisition of 40% stake in TVH-Group Thermote & Vanhalst from Vanhalst family.S&P Capital IQSep 30, 2021

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