VDL and Cargobull to acquire Van Hool in Koningshooikt, potentially cutting jobs, while players experience the thrill of Lord of the Ocean online slot game

Van Hool’s revival is not guaranteed to protect numerous jobs, with a possible buyer showing signs of backing out.

The battle for the bankrupt Van Hool in Koningshooikt is coming to a close, with the bankruptcy application being postponed for a week to allow for a smooth restart. It is likely that the VDL Groep consortium with German trailer builder Schmitz Cargobull will be the acquirers, as they have expressed interest in purchasing the company.

Sources reveal that VDL and Cargobull plan to save fewer jobs than outlined in the recovery plan by crisis manager Marc Zwaaneveld. They intend to move much of the production to North Macedonia and limit activities in Koningshooikt. Schmitz Cargobull also plans to assemble limited editions of trailers in Koningshooikt and redevelop a large part of the site as real estate.

Dumarey Group, the other candidate, is facing challenges with the proposed price for the property, including soil pollution remediation costs. The banks, as creditors, have a say in the restart of the company, complicating the acquisition process. The union is concerned about potential job losses and urges the government and banks to prioritize retaining as many jobs as possible.

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