TVH logo

TVH acquires UK-based IPS

Listen to this article

On August 13th 2019, TVH Parts Holding NV (TVH), one of the world’s largest suppliers of material handling, industrial and agricultural equipment parts and accessories headquartered in Belgium, acquired the shares of UK-based company Independent Parts & Service Ltd (IPS), dealer in access platform replacement parts (Mobile Elevated Work Platforms – MEWPs) and outrigger pads. With this acquisition, TVH significantly increases its technical knowledge and commercial reach in the UK.

Just yesterday, Dominiek Valcke (CEO TVH Parts), Kevin Shadbolt (Managing Director IPS and previous IPS co-owner) and the other IPS shareholders, officially shook hands on the acquisition of IPS, which was established in 2001 in Telford (UK) and mainly targets the UK market. Through this acquisition of IPS, TVH will further strengthen its position in the UK.

For the time being, TVH and IPS will continue to work as usual, while making the necessary preparations for further collaboration and integration. Kevin Shadbolt will continue to manage IPS and grow the access platform parts range within TVH UK. Kevin Shadbolt on the acquisition: “We’re welcoming the acquisition, as it brings clear opportunities and benefits for both our customers and the IPS team. Our meetings with the TVH team are very constructive, and I am looking forward to an ambitious future together.”

Prior to the acquisition of IPS in the UK, TVH Parts acquired IPS France (2014) and IPS Australia (2015). With the acquisition of IPS UK, Dominiek Valcke is confident TVH’s customer service will be even better: “We are very proud that the IPS team is joining TVH Parts, and we are convinced that through the acquisition of IPS, we will significantly strengthen our technical expertise and commercial knowledge in MEWP replacement parts. As a group, we will be able to offer our customers better technical knowledge and support as well as a more extensive product portfolio.”

Magazine & eNewsletter

Printed Monthly Magazine

Published monthly, Material Handling Wholesaler offers feature columns and special coverage of relevant industry issues and products.

Digital Monthly Magazine

Published on the fourth Thursday of each month, Material Handling Wholesaler offers feature columns and special coverage of relevant industry issues and products.

Material Handing Wholesaler Weekly Newsletter

Our Weekly newsletter is emailed every Tuesday and contains the latest Industry Events and People News, Source Directory, and important Industry Links.

Forklift International Weekly Hot Sheet Newsletter

Published every Monday morning with the latest material handling equipment
available for sale.

Share the Post:

Related Posts

Our Current Issue

Magazine & eNewsletter

Our magazine is published and mailed monthly, Material Handling Wholesaler offers feature columns and special coverage of important industry issues. 

Weekly Newsletter – Get the latest industry events and people news in this weekly e-newsletter as well as direct access to Wholesaler’s Source Directory and link.

Current Supplements







Steady Hands in Shifting Sands: Maintaining Your Dealership’s Edge

Listen to this article In the September issue, we typically cover the latest developments in finance, rental, and leasing, providing…

Caldwell launches custom lifting beam with LGH

Listen to this article A new lifting beam that enables forklifts to more efficiently carry longer loads is now in…

Fed holds rates steady amid diverging views; Manufacturing outlook remains strong

Listen to this article The Federal Reserve held the federal funds rate steady at a target range of 4.25% to…

Seeking Nominations: 25th Salute To Women in Material Handling Cover Story

Listen to this article Do you know an exceptional woman making an impact in the material handling industry? Material Handling…

The PTDA Manufacturer-Distributor Idea Exchange evolves as the largest direct networking event for PT/MC Channel Partners

Listen to this article In response to demands for more effective tools for accelerating supply chain relationships, the Power Transmission…