Management buy out tipper truck activities

Van den Transporten has agreed with Harry Geraets, their Geschäftsführer in Germany, that he will continue the current tipper truck transport activities in Salzgitter independently.

Strategic choice
The sale of the tipper truck transport activities is a strategic choice. Van den Bosch sees its core business in tank and silo transport, both on the road and intermodal.

Tipper truck transport
Current tipper truck transport activities involve 47 tipper truck units. The transport activities take place from Salzgitter in Germany and specialize mainly in the transport of raw materials for the food and feed mixes industry. Harry Geraets has been involved in these tipper truck activities for 30 years already, ever since he started working at Van den Bosch. Harry Geraets went to Salzgitter for Van den Bosch in 1994. He further expanded the tipper truck activities there as the Geschäftsführer, together with his German team and also put their activities on the map in Germany.
Van den Bosch Transporten offered Harry Geraets the possibility to continue the tipper truck transport activities independently in the future. This continuation will depart from the same core values and philosophy as our business relations have come to appreciate from us over the past 50 years.

Both companies will continue to work closely together in the new set-up and will continue to use each other’s services intensively in many ways. All existing agreements with customers, employees and suppliers will be carried on unchanged after the buy-out. The tipper truck transport activities will continue to take place from the same location in Salzgitter.

Current silo and tank transports
Van den Bosch Group will maintain its current silo and tank transport activities from Salzgitter without any changes. This is completely separate from the Management Buy Out of the tipper truck transport activities.

The buy-out will take place on 1 November 2014 and the new company will continue under the name: Van den Bosch Logistics GmbH.

Unique opportunity
Harry Geraets: “I have been given the unique opportunity to continue to further develop our tipper truck transport independently. We have agreed that I can continue to use the Van den Bosch name, which we have built up together over the years to where we stand today. By that means I would like to emphasize once more that in the future my company will continue to operate in the same style and the same way of working.”

Van den Bosch Transporten has full confidence in the takeover by Harry Geraets and the continuation of the German tipper truck transport activities with the existing team.

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