Clark Material Handling GmbH has sold its spare parts business, Clark Central Parts, to Belgian parts giant TVH Forklift Parts.

A TVH statement said the agreement included the sale of the spare parts business, intellectual property and existing stock of parts for old and new forklifts. The sale price was not released.

A Clark dealer memorandum, obtained by Forkliftaction.com News, said the sale would "offer ... dealers the opportunity to once again be supplied with parts".

Clark's existing DCI-System dealer parts ordering facility was closed by TVH on April 17. All orders and backorders were cancelled, and dealers were instructed by Clark to re-order parts through TVH's own Quick Price/Quick Source ordering program.

TVH said that, despite industry rumours to the contrary, it was the only company involved in the Clark Central Parts sale.