History


	1972	Company incorporated as DAF Produktie St.-Truiden

	1975	Acquisition by Volvo Car

	1988	STC established

	1992	VCST acquired by Royal Begemann Group (NL)

	1993	US subsidiary established: VCST Inc

	1994	Won sole contract for Nedcar

	2000	Stock transferred to Navas Investments B.V.

		Expansion of US activities

	2001	Shift in core focus from assembly to machines components

		Awarded with Continental Teves contract

		Acquired Reichenbach facility

	2001 - 2004	Awarded multiple new contracts including VW, Perkins, ZF

	2004	Acquisition by Fox Paine

	2005	Acquisition of VCST by ALPHA FUND

		Established new México subsidiary

		Awarded with Continental Teves contract

	2009	New shareholder structure, headed by GIMV and LRM

	2011	New shareholder structure

	2012	Grand opening of VCST Changzhou facility