ABC Companies secures exclusive distribution agreement for Van Hool motorcoach

ABC Companies secures exclusive distribution agreement for Van Hool motorcoach Image credit: ABC companies

ABC Companies has entered into an agreement to aquire the Van Hool brand motorcoach division by VDL Groep, coupled with a 10-year exclusive distribution agreement. The agreement will utilize ABC Companies for the delivery of Van Hool buses and coaches in the United States and Canada. The amounts involved in the acquisition are not being disclosed.

The acquisition by VDL will diversify and enhance Van Hool production capabilities and customer offerings at ABC Companies. VDL will acquire parts of the bankrupt Van Hool in Belgium and Van Hool’s production facility in North Macedonia. By acquiring the Van Hool plants, VDL Groep plans to further strengthen its bus division. Around 250 former Van Hool employees will be hired to work on parts production, after-sales, procurement, development and finance for the Van Hool plant in Koningshooikt, Belgium. The acquisition will immediately save around 1,600 jobs in the European bus industry. 

ABC Companies will work to create a seamless transition for all customers, maintaining business as usual while utilizing the new capabilities and innovations brought by VDL.

Source: ABC companies