TVH Equipment

What TVH Equipment does

TVH Equipment NV is a Belgian equipment rental, sales, service, and training company headquartered in Waregem and operating as a subsidiary of TVH Parts Holding NV. Founded in 1969 as part of the broader TVH group, the company specializes in lifting and height work solutions, offering a rental fleet of more than 6,000 units spanning aerial work platforms (truck-mounted, telescopic boom, scissor, spider, and mast lifts), telehandlers, forklifts (4x4, 3-wheel, 4-wheel), sideloaders, warehouse equipment, Gators, loading ramps, and mini crawler cranes. The company distributes equipment from leading OEMs including JLG, Genie, Manitou, HELI (for which it is the official Belgian distributor), Bobcat, Ruthmann, Doosan, Still, Jungheinrich, John Deere, Teupen, Aichi, Baumann, and Climax/EP.

TVH Equipment generates revenue across eight streams: short- and long-term equipment rental (subscription/recurring model), new and used machine sales (one-time transactions), parts supply through the TVH Parts division, VCA/IPAF certified operator and safety training via the TVH Equipment Academy, financial services (operating lease 24-72 months and hire purchase up to 12 months), logistics delivery via a 70-truck in-house fleet, and after-sales field and workshop service. The company serves professional construction, industrial, recycling, and infrastructure customers across Belgium through 6 physical branches (Waregem, Antwerpen, Diksmuide, Heusden-Zolder, Londerzeel, and Nijvel) covering both Flanders and Wallonia, supplemented by the MyTVHEquipment digital self-service portal and GPS-enabled telematics for fleet management.

The company's go-to-market is sales-led with dedicated field service technicians and direct branch-based rental and sales operations, supported by marketing through website, social media (LinkedIn, Facebook, YouTube, Instagram), email/newsletter, and industry events. Notable enterprise customers include Zolderse Dakprojecten, AquaSecurity (electric forklift deployment), Galloo (55-year customer relationship), Cladding BV, and Group Ceyssens. The business is led by Managing Director Kristof Coudenys and is privately held with no public ticker, external institutional investors, or PE backing identified in source materials.

Name

TVH Equipment

Legal name

TVH Equipment NV

Website

https://tvhequipment.com

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

TVH Equipment is a Belgian equipment rental, sales, service, and training company serving construction and industrial customers with aerial work platforms, telehandlers, forklifts, and warehouse equipment across six Belgian branches, supported by training, financial services, parts, and logistics operations.

Ownership category

akta.pro rank

Headquarters

HQ city

Waregem

HQ country

Belgium

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Machine Rental: Short-term and long-term rental of aerial work platforms, telehandlers, forklifts, warehouse equipment, and earth-moving equipment. Premium of 5% on gross rental rate for warranty fund coverage.
2. New Machine Sales: Sales of new machines from brands including JLG, Bobcat, EP, Teupen, Thervan, Ravas, and Climax. Also acts as official HELI distributor.
3. Used Machine Sales: Sales of second-hand/used equipment including stock sales of EP forklifts and Climax warehouse equipment.
4. Parts Sales: Sale of parts and accessories for material handling, industrial, construction and agricultural equipment through TVH Parts division.
5. Training Services: VCA/IPAF certified training courses for operators including forklift, aerial work platform, telehandler, and safety training. Eligible for KMO-portefeuille subsidies.
6. Financial Services: Operating lease (24-72 months) and hire purchase (up to 12 months) options for customers who prefer to spread investment over time.
7. Logistics Services: Fleet of 70 trucks for delivery and collection of machines across Belgium, enabling efficient and rapid customer supply.
8. After-Sales Service: Field service and workshop maintenance services for machines sold or rented.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

TVH Equipment NV provides short-term and long-term rental, new and used sales, after-sales maintenance, and certified operator training for aerial work platforms, telehandlers, forklift trucks, warehouse equipment, loading bridges, mini crawler cranes, and utility vehicles in Belgium. The company operates a fleet of more than 6,000 units distributed through six Belgian branch locations, supported by an in-house logistics fleet and the TVH Equipment Academy.

Product overview

TVH Equipment is a Belgian equipment rental and sales company specializing in lifting and height work solutions. The company offers a comprehensive portfolio of equipment including aerial work platforms (truck-mounted, boom lifts, scissor lifts, spider platforms), telehandlers (rotating and fixed), forklifts, warehouse equipment, Gators, and loading ramps. Beyond equipment provision, TVH Equipment provides integrated services including short-term and long-term rental, new and used equipment sales, after-sales field service and workshop maintenance, operator and safety training through the TVH Equipment Academy, financial services (operating lease and hire purchase), and logistics delivery services. The company distributes equipment from brands including JLG, Genie, Manitou, Ruthmann, Teupen, Bobcat, and maintains a rental fleet of over 6,000 units.

Differentiator

Problem solved

Functional benefit

Brands

• TVH Equipment Academy: The company's in-house training division offering certified operator and safety training courses for lifting and industrial equipment.

Products and services

• Equipment Rental Services
• New Machine Sales
• Used Machine Sales
• After-Sales Service
• Operator and Safety Training (TVH Equipment Academy)
• Financial Services (Leasing and Hire Purchase)
• Logistics Delivery Services
• Parts Supply (TVH Parts)

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Six partnerships are on record, tiered core and minor.

• HELIcoreChannel Partner/ Reseller/ DistributorTVH Equipment is the official HELI distributor for the Belgian market, offering the complete HELI product range to customers.
• JLGcoreTechnology or IntegrationNew machine sales partner for aerial work platforms. JLG is a leading manufacturer of access equipment.
• GeniecoreTechnology or IntegrationRental fleet brand providing telescopic boom lifts and other aerial work platforms.
• ManitoucoreTechnology or IntegrationRental fleet brand for telehandlers and material handling equipment.
• ClimaxminorChannel Partner/ Reseller/ DistributorWarehouse equipment brand sold as new and available in stock sales.
• EP EquipmentminorChannel Partner/ Reseller/ DistributorForklift brand sold as new and available in stock sales.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Boels Rental: One of Europe's largest equipment rental companies with extensive aerial platform, forklift, and tool rental fleets across Benelux and beyond. Directly comparable as a generalist equipment renter serving construction and industrial customers, but at significantly larger pan-European scale than TVH Equipment.
• Loxam: Europe's largest equipment rental group with broad coverage across France, Benelux, Germany, and beyond. Directly comparable as a multi-category equipment renter with national branch networks and large fleets, though serving a much broader geographic and category footprint than TVH Equipment.
• Cramo: European equipment rental group (now part of Boels) serving Benelux and Northern Europe with construction and industrial equipment. Comparable as a generalist equipment renter with overlapping product categories and customer segments.

Direct peers

• Riwal: Specialist aerial work platform rental company operating across Europe with strong Benelux presence. Closely comparable to TVH Equipment's core aerial platform business, targeting construction and industrial customers with rental, sales, and service offerings.
• Mateco: Pan-European aerial work platform and forklift rental specialist explicitly referenced in TVH Equipment's event participation. Directly comparable as a specialist aerial platform renter with similar target customer base (construction, industrial) and overlapping product portfolio.
• Kiloutou: French-headquartered equipment rental group with active Belgian operations, offering aerial platforms, telehandlers, and construction equipment. Directly comparable as a multi-category renter competing for the same Belgian professional customer base.

Others

• TVH Parts: Sister division under the same parent (TVH Parts Holding NV) operating as a global parts distributor for material handling, industrial, and agricultural equipment. Comparable as a related entity within the same corporate group, sharing customer base and brand but distinct business model.

Emerging players

• JLG Industries: Leading global manufacturer of aerial work platforms and telehandlers, also operating direct rental operations in select markets. Comparable as an OEM partner of TVH Equipment that increasingly competes in the rental space with vertical integration.
• Manitou: French OEM of telehandlers, aerial platforms, and material handling equipment with growing rental finance offerings. Comparable as a key OEM partner of TVH Equipment, with some end-market and customer overlap in Belgian construction.
• Jungheinrich: Global forklift and warehouse equipment OEM with significant direct rental operations in Europe. Comparable as a partner of TVH Equipment with overlapping product categories (forklifts, warehouse equipment) and competing rental offerings in the Belgian market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCxL5Vuco8aYqEGP67LIRgUA
• Facebookfacebook.com/TVHEquipment
• LinkedInlinkedin.com/company/tvh-equipment
• Instagraminstagram.com/TVHEquipment

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 TVH Equipment