Vanderlande Company Profile: History, Ownership, Businesses and Leadership
Updated: 7 days ago
Vanderlande is a Dutch company that builds baggage handling systems for airports and automation for warehouses and parcel hubs. Its systems work at more than 600 airports, including 17 of the world's 20 largest. It has belonged to Toyota Industries since 2017. This profile sets out its history, ownership, businesses and leadership.
Vanderlande at a Glance
Fact | Detail |
Company | Vanderlande Industries |
Founded | 1949, by Eddie van der Lande |
Headquarters | Veghel, Netherlands |
Employees | 9,104 in 2024 |
Revenue | EUR 2.3 billion in 2024 |
Operating income | EUR 107 million in 2024 |
Owner | Toyota Industries, since May 2017 |
Chief Executive Officer | Andrew Manship, since January 2024 |
Company History
Eddie van der Lande founded the company in Veghel in 1949. A partnership in 1963 with the American firm Rapistan, which licensed its automated material handling systems to the Dutch company, set its direction. Management bought the business out in 1988, and it adopted the Vanderlande name the following year. From the late 1980s it concentrated increasingly on airports, a market that grew with tighter security requirements.
Key milestones
1949: Founded in Veghel.
1963: Partnership with Rapistan.
1988: Management buy-out.
1989: Vanderlande name adopted.
2017: Acquired by Toyota Industries.
2024: Andrew Manship succeeds Remo Brunschwiler as chief executive.
Ownership
Toyota Industries, the Japanese maker of forklifts and textile machinery, announced the purchase in March 2017 for JPY 140 billion, almost EUR 1.2 billion at the time, and completed it on May 20, 2017. Toyota Industries also owns the American integrator Bastian Solutions, which gives the group warehouse automation businesses on both sides of the Atlantic.
Businesses
Business | Description |
Airports | Baggage handling systems, in use at more than 600 airports |
Warehousing | Automation for distribution centers |
Parcel | Sorting systems for parcel and postal operators |
Financial Performance
Item | 2024 |
Revenue | EUR 2.3 billion |
Operating income | EUR 107 million |
Employees | 9,104 |
Operating income was just under 5% of revenue.
Leadership
Name | Role |
Andrew Manship | Chief Executive Officer, since January 1, 2024 |
Can You Invest in Vanderlande?
Not directly. Its parent, Toyota Industries, is listed in Tokyo. This is general information, not investment advice.
Strengths and Challenges
Strengths
A leading position in airport baggage handling.
Three businesses in different markets.
A financially strong parent.
Challenges
Large projects with modest margins.
Dependence on airport and logistics investment cycles.
Current Catalogue Coverage
Catalogue checked on 15 October 2026: 1 associated product records. The links below are representative entries, rather than a claim that every historical model is currently available.
Vanderlande FAQ
Who owns Vanderlande?
Toyota Industries, since May 2017.
Where is Vanderlande based?
In Veghel, Netherlands.
What does Vanderlande make?
Baggage handling systems for airports and automation for warehouses and parcel sorting.
How big is Vanderlande?
Revenue was EUR 2.3 billion in 2024, with 9,104 employees.
How much did Toyota Industries pay for Vanderlande?
JPY 140 billion, almost EUR 1.2 billion at the time.
Sources
Wikipedia: Vanderlande
