Takeover by Dutch management
Truck brand GINAF Trucks Nederland is back in Dutch hands, the company reports. Originally Van Ginkel’s Automobiel Fabrieken was owned by the Chinese CHTC. The incumbent Dutch management is now at the helm.
It is not known how much money is involved in the acquisition. Co-shareholder Roeland van der Woude has been appointed as director. The company was founded in 1948 by the Van Ginkel brothers in Veenendaal, who set up a company in the trade and repair of trucks. The company developed into an important player in construction transport.
Due to the construction crisis, CHTC took over the automotive branch of the company in 2011. Over the past eight years, the Chinese owner has invested in new markets and technology, such as electric propulsion.
The company will focus on the Dutch and European market and is committed to sustainability and innovation in transport. GINAF claims to be the second largest supplier of electrically powered trucks in the Netherlands. It is also already in talks with various parties about further strengthening the market position.
Source link by https://www.autoweek.nl/autonieuws/artikel/ginaf-weer-in-nederlandse-handen/
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