TIP Trailer Services has agreed to acquire JS Laadtechniek, a specialist and leader in hydraulic tailgates and tail-lift maintenance in the Netherlands.
According to TIP, acquiring JS Laadtechniek will increase its service offering to customers by expanding and diversifying its customer base.
It will also expand TIP’s number of workshops in the Netherlands to 17, with the transaction expected to be finalised in May 2022.
TIP President and CEO, Bob Fast, said the deal will allow the company to accommodate its customers a lot more, while also growing its footprint.
“Acquiring JS Laadtechniek will increase our service offering to customers and grow our footprint in the Netherlands. We now can offer our customers specialism in hydraulic tailgates and tail-lift maintenance,” he said.
JS Laadtechniek CEO, John van der Spek, said TIP is a great partner which guarantees a successful future for the business.
“The acquisition will ensure continuation of the business, no disruption to customers and business partners along with providing our 29 employees with a great future to thrive and grow in a global company,” he said.
TIP Vice President (Benelux Region), Peter Jan Troost, said the company is looking forward to working with JS in a smooth transition to its merge.
“Over the next months, both companies will work on the integration to manage a smooth transition with customers and suppliers,” he said.
“We are delighted to welcome all JS Laadtechniek employees into the TIP family.”