VBG Group AB is an international engineering group operating through three main divisions: Mobile Thermal Solutions, Truck & Trailer Equipment, and Ringfeder Power Transmission. The Mobile Thermal Solutions division, which is the largest revenue contributor (accounting for roughly half of total sales), provides climate control systems for buses, off-road vehicles, and special-purpose vehicles. The Truck & Trailer Equipment division supplies coupling equipment, automatic tire chains, and sliding roofs under brands like VBG, Ringfeder, and Onspot. The Ringfeder Power Transmission division offers mechanical power transmission solutions for various industrial applications. The company generates a significant portion of its revenue from aftermarket sales, which accounted for roughly 22% of total group sales in 2023, providing a resilient recurring revenue stream. VBG Group holds dominant market positions in niche segments, such as an estimated 55% global market share in drawbar couplings and 65% in automatic tire chains. The company serves customers in over 70 countries, with major operations in Europe, North America, Brazil, India, and China.
