Snoeks Automotive has acquired Veth Automotive to enhance its product offerings and market position in the European vehicle conversion sector.

Target Information

Snoeks Automotive, the European leader in interior concepts for light commercial vehicles, has made a significant strategic move by acquiring Veth Automotive. This acquisition is set to enhance Snoeks' market presence and product offerings substantially, particularly in the area of vehicle conversions.

Veth Automotive operates from multiple locations, including Duiven and Genk in Belgium, specializing in outfitting commercial vehicles and passenger cars for high-profile clients such as Rijkswaterstaat, the police, and leasing companies. Additionally, Veth Automotive Services in Utrecht serves as the central service hub for its clients, indicating a well-established infrastructure to support its operations. This acquisition allows Snoeks to expand its product range to include post-manufacturing vehicle conversions.

Industry Overview

The automotive industry in the Netherlands is characterized by a strong emphasis on innovation and sustainability. With the rise of electric vehicles and advancements in smart car technologies, local manufacturers are increasingly loo