ERC Sees TVH as Example of Remanufacturing Success

Global parts specialist TVH is an example and a specialist in remanufacturing. This has been acknowledged by the European Remanufacturing Council, which issued an official statement to several European heads of state during a European summit in Alden Biesen on Thursday, 12 February.

European heads of state meet in the castle Alden Biesen in Belgium to discuss how to strengthen the single market, reduce economic dependencies and boost EU competitiveness in a new geoeconomic context. Hosted by Belgian Prime Minister Bart De Wever, the meeting includes French President Emmanuel Macron, German Chancellor Friedrich Merz, Italian Prime Minister Giorgia Meloni, and Commission President Ursula von der Leyen.

For the European Remanufacturing Council (ERC), this European meeting is the perfect opportunity to urge its participants to support the ‘ReMade in Europe’ sector. Enlarging this sector has many advantages, according to the ERC: “The larger this sector grows, the less often material will need to be mined, refined and machined to produce another brand new product.”

The ERC sees TVH as the perfect example of a specialist carrying out the work of remanufacturing valuable parts into ‘better than new’ products. Lorenz Verfaillie, Director Electronics at TVH: “Our remanufacturing activities include disassembly, replacement of worn parts, and post-assembly inspection. Ultimately, our team of around 200 experts return products to a state that matches the quality of a new product. We have been successfully remanufacturing for over 30 years, and we are confident that our REMAN services will only grow further in the coming years.”

This expectation is backed by a forecast by the World Bank, which sees sales of 100 billion € for the ‘Remade in Europe’ sector by 2030. This sector consists of companies like TVH, which give new life to products such as transmissions, hydraulic and electronic components, as well as consumer products such as smartphones and laptops.

To the ERC, it’s clear that remanufacturing is key to strengthening European industrial competitiveness. Therefore, it calls upon the European leaders to support the ‘Remade in Europe’ sector by facilitating regulations, reducing costs and complexity to these companies’ operations, and enabling them to scale up their remanufacturing operations.

ABOUT TVH 

TVH is a leading parts specialist for off-road machines in the following markets: Material Handling, Industrial, Construction and Agricultural equipment. With a stock of over 1,120,000 different references, and a database of over 49,500,000 item numbers, TVH supplies to customers from 180 countries.

In addition, TVH’s technical experts offer a wide range of services, from a fully-fledged electronics remanufacturing department (Europe’s largest), over TVH University to a unique remanufacturing division.

TVH is a global player with its headquarters in Waregem (Belgium) and a regional main office located in Kansas (US) serving the American market. In total, TVH operates from 90 branches across all continents. The company was founded in 1969 and employs more than 5,000 people worldwide.

In 2021, TVH joined forces with D’Ieteren Group, which acquired 40% of the shares. The other 60% remains in the hands of the Thermote family.