Kito Crosby enters into agreement to acquire eepos GmbH
Dear valued business partner,
It gives me great pleasure to announce that we have entered into an agreement to acquire eepos GmbH (“eepos”) and its subsidiaries. The acquisition is expected to be finalized in the third quarter of 2024.
Founded in 2006 in Wiehl, Germany, eepos has introduced flexible lifting solutions to workplaces worldwide. Focusing on the development of modular, smooth-running cranes made from lightweight aluminum, eepos has become a ubiquitous brand in ergonomic lifting solutions, with significant global presence including subsidiaries in the US, Mexico, Brazil, Hungary, Turkey, France, South Africa, China, and India.
Eepos will join Kito Crosby’s expansive portfolio of hoists and crane systems, including the Kito, Harrington, and Erikkila brands. This extensive portfolio provides turnkey lifting solutions across a wide range of applications and industries. Additionally, eepos further builds out our ergonomic solutions enabling safer lifting for workers globally. eepos shares our core values and we are excited to welcome the eepos team members to Kito Crosby.
We are also looking forward to working with both eepos and Kito Crosby channel partners to use this expanded portfolio to further differentiate ourselves and make lifting and securement safer for millions of workers around the world.
We will send another communication once the acquisition is complete.
Thank you for your continued support of Kito Crosby!
Best regards,
Robert Desel
CEO