TVH's Waregem headquarters.

Thermote & Vanhalst Group division TVH Forklift Parts NV has taken over the parts activities of LTE, the Dutch sales office of Belgian company SMS-Saveco.

TVH marketing adviser Sofie Duquesne said it would be business as usual at LTE but two SMS employees, Antoon Van Ruiten and Pieter Jaegers, had joined TVH. She gave no further details.

Duquesne said SMS-Saveco's core business was service and repairs. LTE was established in 1991 to distribute electrical machine parts.

TVH said in a statement that it wanted to expand its product range and be a "one-stop shop" in the Netherlands. The Waregem-headquartered company would not disclose the price it paid for LTE's parts activities.

In August, TVH acquired the global materials handling activities of US-based IMC Holdings Inc (Forkliftaction.com News #275). Earlier, the company had acquired Belgian forklift sales and rental company Euro Forklifts (Forkliftaction.com News #269).