International bus and coach manufacturing giant Van Hool is hoping for a rapid restart after reaching a binding offer with other brands to rescue it from bankruptcy.
On April 8, Van Hool was declared bankrupt, with the major global manufacturer facing permanent closure.
Now, a board of four curators, including coach and bus group VDL Groep and GRW, a partner company of trailer brand Schmitz Cargobull, have offered to acquire the brand and restart it.
The curators discussed and accepted a binding officer from the Dutch VDL Groep and South Africa-based GRW to take over the company.
Van Hool representatives say other binds were presented to the board of curators in recent days, but werent accepted.
The aim of the board of curators has consi…
Read the full article at: https://www.busnews.com.au/vdl-and-grw-acquire-van-hool-following-bankruptcy-declaration/