A joint venture of German trailer builder Schmitz Cargobull and Dutch bus manufacturer VDL is to take over Van Hool, after the Belgian bus, road tanker and trailer manufacturer was declared bankrupt.
Between 1,550 and 1,850 jobs will be lost at the manufacturer, which is based at Koningshooikt, near Antwerp, with Schmitz Cargobull planning to employ around 350 people in the future and VDL set to employ between 300 and 600 staff.
