TVH förvärvar GDI Group
TVH Group has acquired the shares of the French company GDI group. GDI Group is the European leader in the supply of replacement glass and accessories for agricultural tractors and industrial plant cabs. This acquisition enables TVH to expand and reinforce its activities in the agricultural and industrial vehicle parts markets.
Three companies in one group
GDI is composed of three companies: GDI SAS, CAB Parts and Glassinter GmbH. GDI SAS (Glaces Distribution Internationale) was established in 1982 and subsequently acquired the UK-based company CAB Parts Ltd in 2010. In 2015 GDI also incorporated the company Glassinter GmbH in Germany. The headquarters and central warehouse are based in Beaufort-en-Vallée, France. CAB Parts has an office and warehouse in Crickhowell, England and Glassinter has a warehouse in Kirchheim unter Teck, Germany. Over the years, GDI has developed a wide range of products including 8000 references for windows. The company has over 6000 customers in 16 countries across Europe and employs 44 people.
Reinforcement of agricultural and industrial activities
In 2012 TVH Group acquired Bepco Group, one of the leading international groups distributing parts and accessories for agricultural tractors and machinery. With this acquisition TVH added a third business line to the TVH material handling and industrial equipment lines.
‘The acquisition of GDI enables both TVH and Bepco to distribute the GDI products across our international customer networks and further strengthens our agricultural and industrial equipment ranges’, explains Mike Nyren, Marketing and Communications Manager of Bepco.