Nieke Roos
4 January

Just after Christmas, VDL Groep announced it has acquired TBP Electronics. The core activities of the Dirksland-based company include assembly and production services for the industrial, medical and telecommunications sectors – all important domains for the family business with its head office in Eindhoven. TBP founder Ton Plooy is passing control of the helm to Joost van Haperen, who has worked at VDL Steelweld for nine years in several roles. Plooy will remain involved for another year.

TBP assembles and supplies printed circuit boards with electronic components. It employs 133 employees, generates more than 30 million euros in annual turnover and has branches in both Dirksland (province of South Holland) and on the Brainport Industries Campus. The highly automated production process takes place at the headquarters on the Goeree-Overflakkee delta island, whereas the engineering and design of the test equipment are realized in Eindhoven.

Credit: TBP

“VDL Groep is the fantastic outcome of our search for a suitable takeover company,” comments Plooy. “They meet our requirements and wishes in the broadest sense. Their presence in the high-quality manufacturing industry in particular and the fact that they’re a Dutch family business very much appeal to us, as well as that they form a perfect fit with our corporate culture. This takeover guarantees the continuity of TBP.”

“Our ambition is to be a one-stop-shop industrial partner,” explains Willem van der Leegte, president and CEO of VDL Groep. “With TBP in our ranks, we’re taking a major step forward in the field of electronics assembly. This new combination offers added value for our customers, especially with our activities in the field of high-quality mechanics. In addition, TBP is active in many industries in which VDL is also active, such as the semiconductor, medical, telecommunications and defense sectors.”

VDL has over 15,000 employees and operates in 20 countries. TBP is the most recent addition to its stable of 107 operating companies, all with their own specialisms but working closely together. In 2019, VDL’s combined annual sales amounted to 5.78 billion euros.