In 1971 Aart Groeneveld starts ‘Technisch Handelsbureau Groeneveld’, importing American automatic lubrication systems. Soon the product portfolio is enhanced with other truck-related products, such as air dryers, stationary heaters and airco’s, speed limiters and air deflectors, all improving the efficiency and comfort for the operator and driver.
In 1973 Henk Groeneveld joins the company as a salesman, but soon takes the lead in sales management. In 1974 the company moves to Hardinxveld-Giessendam while the name is changed into ‘Groeneveld Transport Efficiency’.
In 1982 Henk Groeneveld is appointed as Managing Director. In 1990 he acquires the shares from his brother, thus becoming the sole shareholder in the company.
The Eighties mark the start of the internationalisation with the first subsidiary abroad being established in France in 1985.
In 1987 the company moves to the new premises in Gorinchem, still the central office.
Also in the eighties Groeneveld starts its own manufacturing operation in Italy.
In 1991 Turnover has reached a level of 50 million Guilders (22.5 mio Euro)
The nineties mark the further internationalisation of the Company, with subsidiaries being opened in the UK, USA, Belgium, Poland, Australia, New Zealand, Germany, South Africa . . .
In 1990 enhances its activities with developing and selling on-board computers for the transport and logistic world. This activity evolves into Groeneveld Information Technology, being the foundation of today’s Groeneveld ICT Solutions
In 1991 a new factory is being opened in Valmadrera, near Lake Como (I)
In 1996 Greensight safety systems are introduced, developed in Israel
By the turn of the Century the company has reached a turnover of 66.6 mio Euro
In 2006 a new, larger factory is opened in Cassago-Brianza.
After having reached a record turnover of 100 million Euro and a solid 10% after tax profit in 2007, also Groeneveld is being confronted with the effects of the Global Financial Crisis. In the years thereafter the company proofs its resilience and strong financial management, and shows considerable growth in sales and profit again as of 2010.
In 2015 a start is being made with insourcing of outsourced assembly work, starting with tube production and sub-assembly work in the Valmadrera plant.
With two strong divisions, Groeneveld Lubrication Solutions and Groeneveld ICT Solutions, and two state-of-the-art factories in Italy, the Group is well positioned for further growth in the years to come.