STRONGER IN NORWAY: LVD LASTVAGNSDELAR JOINS TEMOT INTERNATIONAL

TEMOT International has significantly increased its footprint in Norway: The global network welcomed LVD Lastvagnsdelar AS as a new shareholder. The Norwegian company specializes in commercial vehicles and belongs to the leading domestic Aftermarket players. With the admission of LVD, the TEMOT International CV network now counts 50 CV shareholders who are active in over 76 countries and generate a total turnover of €2,65b.

Since 1986, LVD represented the Norwegian branch of the Swedish Lastkabeldelar, which was founded in 1976. At start, the firm supplied parts for vehicles from Volvo and Scania to the local Aftermarket, two brands which at this time made up 90% of the fleet. Today, LVD is headquartered in Langhus and has grown to become a national-wide provider of spare parts, primarily for trucks, busses and trailers of all makes, with a comprehensive product portfolio.

The company itself is part of a heavyweight in the Norwegian Aftermarket: It is owned by Team Verksted A/S, Norway’s leading workshop operator for commercial vehicles, which runs 28 specialized workshops. Team Verksted in turn belongs to the country’s largest passenger transportation conglomerate, the VY Group operating 2,500 buses (formerly Nettbuss).

Together, LVD and Team Verksted employ 360 people. Key suppliers include premium brands like Knorr, Bosch, ZF, MANN-FILTER, TRW, SKF, Delphi Technologies, and TOTAL, making it a one-stop-shop for its customers. Shortly after its acquisition by Team Verkstedt, LVD constructed a new, 2,500 square meter warehouse, including high storage with 15,000 storing positions and a digital picking system. Inaugurated end of 2018, it safeguards quick, efficient and reliable fulfilment and dispatch.

Temot International 19.09.2019