Terberg Group

What Terberg Group does

Royal Terberg Group B.V. is a fourth-generation Dutch family-owned industrial vehicle manufacturer founded in 1869 and headquartered in IJsselstein, Netherlands, that develops, produces, and modifies special transport vehicles and environmental loading systems. The group operates through four divisions: Terberg Special Vehicles (electric, diesel, and autonomous terminal tractors under the YT and RT series plus container carriers and road-rail tractors), Terberg Environmental (refuse collection vehicles, waste compactors, sweepers, and tankers via the Ros Roca and Dennis Eagle brands), Terberg Kinglifter (electric and diesel truck-mounted forklifts, including Klapvoet folding-wheel-arm variants), and Terberg Techniek (customer-specific vehicle modifications, diesel-to-electric and diesel-to-hydrogen retrofitting). Technology centers on proprietary drive-by-wire architecture, Level 4 autonomous kit integration (via partnership with Embotech), and hydrogen fuel cell conversions of mobile equipment.

The company is a private limited company (B.V.), 100% family-owned, holding the "Royal" designation granted by the Dutch monarch in 2019. It employs more than 3,000 people across 38 operating companies in 15 countries, with manufacturing in the Netherlands, UK, Germany, Spain, Malaysia, Singapore, and the USA, plus a Mississippi joint-venture plant built in 2024 with Taylor Group of Companies (Terberg Taylor Americas Group).

Terberg makes money primarily through B2B hardware sales of capital equipment (vehicle manufacturing and sales), supplemented by professional-services revenue from vehicle modifications and retrofitting (Terberg Techniek), and recurring managed-services revenue from maintenance, spare parts, repair, rental, and telematics through its service network. Pricing is quote-based against customer specifications with no public disclosure. Go-to-market combines direct enterprise field sales through wholly-owned subsidiaries with channel sales via independent regional distributors (e.g., N.C. Nielsen in Denmark, Bennie Equipment in the UK). Customer concentration spans ports and container terminals (APM Terminals, DP World, Marsa Maroc, DACT, YILPORT, Hai Phong, SCCT), logistics and distribution (DSV, Dachser, DB Schenker, Mainfreight, Braanker, LCW Groningen, Van Leeuwen Buizen, St vd Brink), waste management (Cory Riverside), and food and agriculture (Peka Kroef, ForFarmers).

Name

Terberg Group

Legal name

Royal Terberg Group B.V.

Website

https://royalterberggroup.com

Company type

Private

Founded year

1869

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Royal Terberg Group is a fourth-generation Dutch family-owned manufacturer (founded 1869) of terminal tractors, refuse collection vehicles, truck-mounted forklifts, and vehicle modifications, supplying ports, logistics operators, and waste management companies across 15 countries.

Ownership category

akta.pro rank

Product category

Specialty Commercial Vehicles

NAICS

Motor Vehicle Manufacturing (3361), Motor Vehicle Body and Trailer Manufacturing (33621), Transportation Equipment Manufacturing (336)

SIC

Industrial Trucks, Tractors, Trailors & Stackers (3537), Refuse Systems (4953), Truck & Bus Bodies (3713), Miscellaneous Transportation Equipment (3790)

akta.pro primary industry

Material Handling & Industrial Lift Vehicle Manufacturing (Forklifts/Telehandlers/Reach Stackers) (IMACAFAD)

akta.pro secondary industries

Truck Body & Upfit Manufacturing (Box/Dump/Service/Refuse) (IMACAGAC), Municipal & Public Works Specialty Vehicles (Street Sweepers, Sewer Jetters) (IMAHAIAI), Truck Telematics, ADAS & Fleet Electronics Manufacturing (IMACABAM)

Keywords

• Terminal tractors
• Waste collection vehicles
• Truck-mounted forklifts
• Special transport vehicles
• Vehicle modification

Headquarters

HQ city

Ijsselstein

HQ country

Netherlands

HQ region

Europe

Offices14 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Vehicle Manufacturing and Sales: Terberg generates primary revenue from developing, producing, and selling special transport vehicles including terminal tractors, truck-mounted forklifts, waste collection vehicles, and container carriers. Products are sold directly through subsidiaries and through distributor networks globally.
2. Vehicle Modifications and Retrofitting: Terberg Techniek division specializes in customer-specific vehicle modifications, conversions (diesel to electric/hydrogen), and custom vehicle adaptations for specialized applications.
3. Aftermarket Services: Comprehensive services including maintenance, spare parts supply, repair, rental, and telematics provided directly or through service network. These services optimize reliability and cost-effectiveness of customer equipment.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Terberg Group develops, produces, and modifies special transport vehicles and environmental loading systems for intensive industrial use. The company manufactures terminal tractors for ports and distribution centers, refuse collection vehicles for waste management, and truck-mounted forklifts for logistics and construction applications, complemented by vehicle modification services and aftermarket support including maintenance, spare parts, repair, rental, and telematics.

Product overview

Royal Terberg Group is a family-owned company (over 155 years old, Royal designation from the Dutch King) that develops, produces, and modifies special transport vehicles and environmental loading systems for intensive industrial use. The group operates through four main divisions: Terberg Special Vehicles (terminal tractors and yard vehicles), Terberg Environmental (waste collection equipment), Terberg Kinglifter (truck-mounted forklifts), and Terberg Techniek (vehicle modifications). The product portfolio includes electric, diesel, and autonomous terminal tractors (YT, RT series), container carriers, body carriers, road-rail tractors, and meeneemheftrucks. The company offers complementary services including maintenance, spare parts, repair, rental, and telematics through its global service network. Recent innovations focus on electrification (YT203EV, BC203EV, E-TKL) and autonomous driving capabilities through partnerships with Embotech (Level 4 AV-Kit) and Fernride.

Differentiator

Problem solved

Functional benefit

Brands

• Terberg Special Vehicles: Producer of robust and intelligent yard vehicles for ports, distribution centers, heavy industry, rail yards, and airports
• Terberg Kinglifter
• Terberg Techniek
• Dennis Eagle
• Ros Roca
• Terberg Zenith
• Terberg Matec
• Terberg Connect

Products and services

• Terberg Special Vehicles Producer of robust and intelligent yard vehicles (terminal tractors) for ports, distribution centers, heavy industry, rail yards, and airports. Produces electric, diesel, and autonomous terminal tractors for enterprise customers.
• Terberg Environmental Producer of efficient and reliable vehicles and vehicle systems for the waste collection and recycling industry. Offers refuse collection vehicles, waste compactors, stationery presses, tankers, sweepers, decontamination equipment, and trailers for municipal and industrial waste management customers.
• Terberg Kinglifter Producer of robust truck-mounted forklifts (meeneemheftrucks). Products include electric (E-TKL) and diesel models with multi-directional capabilities for logistics, distribution, and construction applications.
• Terberg Techniek Specialized in customer-oriented vehicle modifications and solutions including conversion from diesel to electric/hydrogen, axle configurations, hook arm systems, cable systems, and custom body installations for enterprise customers with specialized vehicle requirements.
• YT Series Terminal Tractors Yard tractors for port, terminal, and distribution center operations. Models include YT193, YT203EV (electric), YT220, YT223CC Container Carrier, and others for container handling and trailer operations.
• RT Series Terminal Tractors

Quantifiable outcome

• APM Terminals Maasvlakte II achieves precision parking within 5cm using autonomous Terberg terminal tractors with Level 4 AV technology
• +3 more outcomes

Named customers24 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Embotech AGcoreTechnology or Integration · 9 January 2025Strategic partnership for autonomous vehicle technology integration. Embotech provides Level 4 AV-Kit for Terberg electric terminal tractors enabling full autonomous operation. Terberg supplies drive-by-wire electric vehicles and manages safety certification and kit integration. This partnership delivers autonomous terminal tractors to APM Terminals Maasvlakte II.
• APM Terminals Maasvlakte IIcoreStrategic or Co-development Partner · 9 January 2025APM Terminals Maasvlakte II partnered with Embotech and Terberg for delivery and full implementation of 30 electric autonomous terminal tractors. This tripartite partnership delivers autonomous vehicles for mixed-traffic port operations with expected deployment in Q1 2027.
• Taylor Group of CompaniescoreStrategic or Co-development Partner · 1 January 2024Joint venture Terberg Taylor Americas Group established between Royal Terberg Group and Taylor Group of Companies. New manufacturing facility being established in Mississippi to produce terminal tractors for Americas market, operational from mid-2024.
• FernridecoreStrategic or Co-development Partner · 1 January 2023Terberg and Fernride partnership for series production of automatic terminal tractors. Fernride provides remote control and autonomous driving technology, with Terberg supplying vehicles. Partnership certified under EU standards for driverless port operations.
• HHLAminorStrategic or Co-development Partner · 1 January 2023HHLA partnered with Fernride and Terberg to introduce driverless port operations near Tallinn, Estonia. Terberg tractors equipped with Fernride autonomous technology are in use at the port.
• AutoBinck GroupminorStrategic or Co-development PartnerFormer joint venture partner in Terberg Business Lease Group. Sale completed to Arval in December 2022. Prior to sale, TBLG was a joint venture operating Terberg Business Mobility and other leasing brands.

Scale indicators9 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• Kalmar: Spun out of Cargotec, Kalmar makes terminal tractors, reach stackers, and yard/port handling equipment, competing head-to-head with Terberg's Special Vehicles division in container terminals and distribution yards.
• Hyster-Yale: Global lift truck and terminal tractor manufacturer (including Hyster terminal tractors and big trucks) serving ports and logistics, directly overlapping Terberg's terminal tractor and material-handling offering.
• Orange EV: US electric-native manufacturer of electric terminal/yard trucks, competing directly with Terberg's electric terminal tractors in the fast-growing zero-emission yard segment.
• Capacity Trucks (REV Group): Leading US manufacturer of terminal/yard trucks for ports, intermodal, and distribution centers, a direct competitor to Terberg in the Americas market it is now entering via its Taylor JV.
• TICO Tractors: US-based maker of spotter/terminal tractors (diesel and electric) for ports and warehouses, competing directly with Terberg's terminal tractor line in North America.
• Combilift: Irish manufacturer of multi-directional forklifts and long-load handling vehicles, directly comparable to Terberg's Kinglifter multi-directional truck-mounted forklift line.
• Hiab (Moffett): Maker of Moffett truck-mounted forklifts and load-handling equipment, a direct competitor to Terberg Kinglifter's meeneemheftruck products.
• FAUN Group: German manufacturer of refuse collection vehicles, sweepers, and environmental equipment (including electric models), directly competing with Terberg Environmental / Dennis Eagle / Ros Roca.

Broad incumbents

• Konecranes: Major port and container-handling equipment maker (straddle carriers, reach stackers, automated terminal systems) overlapping Terberg's port-handling customers, though as part of a broader cranes portfolio.
• KION Group: Parent of Linde and STILL, a leading industrial truck and intralogistics group whose forklifts and warehouse vehicles overlap with Terberg's Kinglifter and material-handling business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/terberg-group

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries20 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Terberg Group