Kito Crosby, a global leader in the lifting and securement industry, announced today that it has entered into an agreement to acquire eepos GmbH (“eepos”) and its subsidiaries, renowned for their aluminum light crane systems. 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 installed lifting solutions, including the Kito, Harrington, and Erikkila brands. This extensive portfolio provides turnkey lifting solutions across a wide range of applications and industries. Additionally, the acquisition furthers Kito Crosby’s presence in the attractive manufacturing sector as well its leadership in ergonomic solutions enabling safer working practices for workers globally.
Robert Desel, CEO of Kito Crosby, stated, “As an innovative leader in modular crane systems, eepos perfectly complements and expands our installed lifting solutions portfolio. The eepos team shares our core values and we are thrilled to welcome them to Kito Crosby and extend our employee ownership program to all eepos employees.”
Bastian Schoenfeld, CEO of eepos, remarked, “We are proud to embark on our next journey with Kito Crosby. Both companies share a passion and commitment to manufacturing excellence and customer satisfaction and we look forward to this next chapter together.”
Volkhardt Mücher, Chief Sales Officer of eepos and Michael Hindenberg, Chief Technical Officer of eepos, added, “By leveraging Kito Crosby’s global footprint, commercial, and technical teams, we will be able to accelerate our mission and commitment to safe and ergonomic lifting solutions for workers worldwide.”
