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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.
D'Ieteren Group has signed an agreement to acquire a 40% stake in TVH Parts from the Vanhalst family and entered a long-term partnership with the Thermote family. The deal values TVH Parts at an enterprise value of €3.65 billion.