TVH Revenue Has Grown in Southeast Europe
The supplier has reached a new milestone with 2,000 active customers driving local parts availability for equipment owners.
Updated on Oct. 12, 2026 in Auto Parts
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TVH reported 44 million euro in regional revenue from Southeast Europe during 2025, supported by significant growth in construction and agricultural equipment parts sales. This regional expansion coincides with the company onboarding its 2,000th active customer in the area.
Why it matters
The company's strategic focus on construction and agricultural equipment parts has helped drive regional growth, which now accounts for 10% of total worldwide revenue. Increased inventory capacity in central hubs helps ensure parts remain available for families and businesses relying on this machinery.
Construction parts sales grew 27.6% year-over-year while agricultural parts sales surged 45.4%. TVH projects regional revenue in Southeast Europe will increase from 44 million euro in 2025 to 50 million euro by the end of 2026.
The players
TVH
A global supplier of replacement parts for material handling, construction, and agricultural equipment with a massive catalogue of over 55 million items.
D'Ieteren Group
A major investment firm that holds 40% of TVH shares and oversees a diverse portfolio of automotive and service-related businesses.
The Thermote family
The founding family that currently retains a majority 60% ownership stake in TVH.
The details
TVH maintains its supply chain through a 50,000 square meter automated warehouse at its headquarters in Waregem, Belgium, and additional central hubs in Poland. By expanding inventory capacity at these central logistics centers, the company has successfully met rising demand for specialized equipment components. This infrastructure supports a global catalogue that currently exceeds 55 million part references.
Timeline
1969: TVH was founded.
2021: TVH joined forces with the D'Ieteren Group.
2025: TVH revenue in Southeast Europe reached 44 million euro.
End of 2026: Forecasted date for regional revenue to reach 50 million euro.
The Home Front
This growth reflects a broader trend of companies investing in highly automated logistics to maintain complex global supply chains. As manufacturers consolidate regional hubs, local access to specialized repair components for agriculture and construction equipment is becoming more efficient.
If you own agricultural or construction equipment, check your owner's manual to identify specific part numbers before beginning any routine maintenance. Always consult a licensed professional for repairs involving complex machinery components to ensure the equipment remains safe to operate.
The takeaway
The expansion of specialized parts suppliers helps ensure that essential equipment can be repaired and maintained over its full lifecycle. Keep your equipment's model number and service history on file to make finding replacement components faster if a failure occurs.
Further reading
For more information on the supply chains that keep your equipment running, visit Auto Parts.
Source note: This article includes information reported by See News.
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