TVH Group
- Company typePrivate
- Founded1969
- HeadquartersWaregem, Belgium
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
TVH Group firmographics
Firmographics- Name
- TVH Group
- Legal name
- TVH Parts Holding NV
- Website
- https://tvh.com
- Company type
- Private
- Founded year
- 1969
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Ownership category
- akta.pro rank
Where TVH Group is headquartered
LocationHeadquarters
- HQ city
- Waregem
- HQ country
- Belgium
- HQ region
- Europe
Offices1 record
Markets served
TVH Group business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Parts Sales: Sale of new OEM and aftermarket parts for off-road industrial vehicles including forklifts, warehouse equipment, MEWP, telehandlers, construction equipment, agricultural equipment, and industrial equipment
- REMAN Remanufactured Parts: Sale of remanufactured parts rebuilt to OEM standards at up to 50% lower cost than new parts, with same warranty. Core charge refund system when returning used parts
- TotalSource House Brand: TVH's proprietary house brand (since 1989) offering wide range of parts and accessories for off-road machines at competitive prices with same warranty as OEM
- Xinchai Engine Parts Distribution: Official and global distributor of Xinchai engine parts and complete engines for forklifts and medium-tonnage equipment
- Handling Equipment & Warehouse Accessories: Sale of warehouse equipment including pallet trucks, trolleys, jacks, pallet stackers, lift tables, floor sweepers, and other warehouse supplies
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | B2B parts pricing through customer account |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
TVH Group product offering
Product offeringCore offering
TVH Group is a global B2B distributor of replacement parts for off-road industrial vehicles, supplying more than 55 million part references for forklifts, warehouse equipment, MEWPs, telehandlers, construction, and agricultural machinery through 90+ branches and an account-based online shop. It sells its own TotalSource house brand, remanufactured parts under the REMAN program rebuilt to OEM standards at up to 50% lower cost, and distributed brands such as Xinchai engines, complemented by electronics repair and TVH University training.
Product overview
TVH Group is a parts specialist for off-road industrial vehicles, operating as a single unified product/service platform focused on parts distribution. The core offering encompasses over 49.5 million known references for material handling, construction, agricultural, and industrial equipment. Key products include the TotalSource house brand (parts and accessories since 1989), REMAN remanufactured parts, distributed Xinchai engines, and handling equipment. Services include electronics repair, training via TVH University, and an e-commerce platform. The company serves customers through a network of over 90 branches and 7,550+ suppliers, shipping to over 180 countries.
Differentiator
Problem solved
Functional benefit
Brands
- TotalSource: TVH's trusted house brand since 1989, offering a wide range of parts and accessories for off-road machines, as well as workshop and warehouse supplies. Provides quality parts at competitive prices with same warranty as OEM parts.
- REMAN
Products and services
- TotalSource TVH's proprietary house brand (since 1989) offering a wide range of parts and accessories for off-road machines — including engine parts, filters, hydraulic components, joysticks, electrical switches, steering parts, tires, wheels, starters, and alternators — at competitive prices with the same warranty as OEM parts, sold to B2B customers via eshop.tvh.com and the global branch network.
- REMAN Remanufactured Parts TVH's remanufactured-parts program covering electronic controllers, printed circuit boards, joysticks, battery chargers, electric motors, thermal engines, reductors, steering axles, hydraulics, and transmissions. Parts are rebuilt by specialized technicians using in-house test benches that simulate real-life working conditions and are quality-tested to OEM standards, sold at up to 50% lower cost than new parts with the same warranty, supported by a core-charge refund when used parts are returned.
- Xinchai Engine Parts and Engines Official global distribution line for Zhejiang Xinchai multi-cylinder diesel engines and engine parts, including EUR V engine range, complete engines, overhauls, pistons, flywheels, filters, and gaskets for forklifts (notably 1–4 tonne class) and medium-tonnage equipment.
- Handling Equipment and Warehouse Accessories Handling and warehouse equipment and accessories sold alongside parts — including skips, pallet trucks, trolleys and rollers, jacks and supports, pallet stackers, lift tables, ground protection mats, outrigger pads, manual salt spreaders, floor sweepers, and warehouse protection equipment — for B2B material handling and warehouse operations.
- TVH University Training services for customers and partners covering equipment maintenance, diagnostics, and parts usage, offered by TVH to support proper application of its parts and remanufactured components.
- Electronics Department Service Service and repair of electronic components and systems for material handling and industrial equipment, including electronic controllers, printed circuit boards, joysticks, and battery chargers, supporting both warranty and aftermarket needs.
Quantifiable outcome
- 94% of TotalSource orders shipped within 24 hours
- +3 more outcomes
Companies that use TVH Group
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles4 records
TVH Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
TVH Group partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- Xinchai (Zhejiang Xinchai Co. Ltd)coreOfficial and global distributor of all Xinchai engine parts and complete engines. Xinchai dominates the forklift engine market especially for 1-4 tonne forklifts and has been manufacturing engines for more than 50 years.
- Baldwin FiltersminorBaldwin Filters distributor partnership providing filtration products
- DanfossminorDanfoss distributor partnership for hydraulic components and related products
- ParkerminorParker distributor partnership. TVH is also an Official Repair Centre for Parker.
- RexrothminorRexroth distributor partnership. TVH is also an Official Repair Centre for Rexroth.
- CurtisminorCurtis distributor partnership. TVH is an Official Repair Centre for Curtis.
- SevconminorSevcon distributor partnership. TVH is an Official Repair Centre for Sevcon.
- CarrarominorCarraro distributor partnership. TVH is an Official Repair Centre for Carraro.
- SKFminorSKF distributor partnership for bearing and related mechanical components
Scale indicators11 records
Recent moves1 record
Expansion highlights5 records
TVH Group competitors and assessment
Company assessmentBroad incumbents
- Würth Group: Würth is a globally diversified fastener, tools, and industrial supplies distributor serving trades, automotive, and industrial customers. It overlaps with TVH in MRO and hardware parts supply, but at much broader scope and scale.
- Genuine Parts Company (NAPA): Genuine Parts Company distributes automotive and industrial replacement parts through the NAPA network. While primarily on-road automotive, its industrial segment competes with TVH in MRO parts supply to commercial and industrial customers.
- Caterpillar (Cat Parts & Service): Caterpillar is the dominant OEM in construction and off-road equipment, with a large global parts and service organization. It is both a customer adjacency and a competitor to TVH in construction equipment aftermarket parts.
- Applied Industrial Technologies: Applied Industrial Technologies is a US-listed distributor of bearings, power transmission, fluid power, and maintenance products for industrial customers. Its multi-brand distribution model, large SKU database, and MRO focus closely parallel TVH's industrial parts business.
- LKQ Corporation: LKQ is a major North American and European distributor of aftermarket and recycled automotive parts. It competes with TVH in the broader vehicle parts distribution space but skews toward on-road vehicles and recycled parts rather than off-road industrial equipment.
- KION Group: KION Group is a leading global OEM of forklifts and warehouse equipment (Linde, STILL, Dematic). It supplies parts directly to its installed base, overlapping with TVH's core material-handling customer segment.
Direct peers
- FleetPride: FleetPride is North America's largest distributor of truck and heavy-duty parts, serving fleet operators and service shops with multi-brand parts and repair services. Comparable to TVH in its focus on heavy off-road/industrial vehicle aftermarket and a service-center network.
- GRANIT PARTS: GRANIT PARTS is a German-based multi-brand parts distributor serving agricultural, forestry, and construction equipment owners. Its catalog breadth, brand-authorization strategy, and European distribution footprint make it a close functional analogue to TVH.
- Bohnenkamp: Bohnenkamp is a European wholesale distributor specializing in tires, wheels, and related parts for agricultural, industrial, and material-handling vehicles. It directly overlaps with TVH's material-handling and agricultural segments, particularly in warehouse and tractor equipment.
- Kramp Groep: Kramp is a large European wholesale distributor of replacement parts for the agricultural, forestry, and OEM sectors. It mirrors TVH's model of multi-brand aftermarket parts distribution with a cross-equipment catalog, large stock, and same/next-day delivery across Europe.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
TVH Group social profiles
Digital presenceTVH Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
TVH Group leadership team
Management profileNumber of profiles
Profiles3 records
TVH Group subsidiaries and ownership
Company hierarchySubsidiaries1 record
TVH Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TVH Group M&A and investment
M&A and investmentM&A6 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TVH Group
What does TVH Group do?
TVH Group is a global B2B distributor of replacement parts for off-road industrial vehicles, supplying more than 55 million part references for forklifts, warehouse equipment, MEWPs, telehandlers, construction, and agricultural machinery through 90+ branches and an account-based online shop. It sells its own TotalSource house brand, remanufactured parts under the REMAN program rebuilt to OEM standards at up to 50% lower cost, and distributed brands such as Xinchai engines, complemented by electronics repair and TVH University training.
Is TVH Group a public or private company?
TVH Group is a private company. It is classified as private equity controlled and is currently operating.
When was TVH Group founded?
TVH Group was founded in 1969. It employs 5,001 to 10,000 people.
Where is TVH Group based?
TVH Group is headquartered in Waregem, Belgium, in the Europe region.
How does TVH Group make money?
Five revenue lines are on record. Parts Sales are the primary driver. The others are REMAN Remanufactured Parts, totalSource House Brand, xinchai Engine Parts Distribution and handling Equipment & Warehouse Accessories.
Who are TVH Group's main competitors?
Broad incumbents on record are Würth Group, Genuine Parts Company (NAPA), Caterpillar (Cat Parts & Service), Applied Industrial Technologies, LKQ Corporation and KION Group. Direct peers are FleetPride, GRANIT PARTS, Bohnenkamp and Kramp Groep.
Does TVH Group have an API?
No public API is recorded for TVH Group.