The Truck Company has successfully acquired Somati Vehicles to expand its offerings in specialized vehicles for emergency services.
Information on the Target
The Truck Company, headquartered in Hooglede, specializes in the sale of both new and used heavy trucks, tractors, trailers, and semi-trailers from various brands. This company has established itself as a key player in the heavy vehicle market, catering to a diverse clientele requiring specialized transport solutions.
Recently, the Aquis team facilitated The Truck Company's acquisition of Somati Vehicles, located in Erembodegem. Somati Vehicles is recognized for its manufacturing of priority and utility vehicles tailored for emergency services and businesses, making this acquisition a strategic move for The Truck Company.
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Industry Overview in the Target’s Specific Country
The heavy vehicle industry in Belgium has been experiencing steady growth, driven by increasing demand for transportation and logistics solutions. The emergence of advanced
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