Press Release

Kito Crosby Concludes Agreement to Acquire eepos GmbH

Blog Kito Crosby eepos

Innovative, lightweight, flexible, and ergonomic crane systems for safer and more productive workplaces, further expanding and enhancing Kito Crosby's range of installed lifting solutions.

August 20, 2024 – Kito Crosby, a global leader in the lifting and securing industry, today announced 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 close in the third quarter of 2024.

Founded in 2006 in Wiehl, Germany, eepos has brought flexible lifting solutions to workplaces worldwide. Focusing on the development of modular, smooth-running cranes made from lightweight aluminum, eepos has become a widely recognized brand for ergonomic lifting solutions, with a significant global presence including offices in the USA, Mexico, Brazil, Hungary, Turkey, France, South Africa, China, and India.

eepos will join the extensive portfolio of Kito Crosby's installed lifting solutions, which also includes the Kito, Harrington, and Erikkila brands. This comprehensive portfolio provides turnkey lifting solutions for a wide range of applications and industries. Additionally, the acquisition strengthens Kito Crosby's presence in the attractive manufacturing sector and reinforces its leading position in ergonomic solutions that promote safer working practices for workers worldwide.

Robert Desel, CEO of Kito Crosby, said: “As an innovative market leader in modular crane systems, eepos perfectly complements and expands our portfolio of installed lifting solutions. The eepos team shares our core values, ​​and we are delighted to welcome them to Kito Crosby, extending our employee share program to all eepos employees."

Bastian Schoenfeld, CEO of eepos, noted: “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 presence and commercial and technical teams, we will be able to accelerate our mission and commitment to providing safe and ergonomic lifting solutions for workers worldwide."

 

About Kito Crosby

Kito Crosby is a global leader in the lifting and securing industry, where the company pioneered and continues to set the standard for quality. With global development, manufacturing, sales, and operations, the company offers a broad range of products and solutions for the most demanding applications. For over 260 years, Kito Crosby's people, products, solutions, and services have driven innovation to the lifting and securing industry. Together, we lift and secure the world today for a safer, stronger, and more productive future. Our iconic brands include Kito, Crosby, Harrington, Gunnebo Industries, and Peerless.

About eepos

eepos GmbH specializes in the manufacture of high-quality aluminum lightweight crane systems, renowned for their excellent Ergonomics In addition, eepos produces energy columns that help optimize design of workspace design. The heart of eepos is a collegial team that enables the company to fulfill individual customer requests with the highest level of satisfaction. True to our slogan #WORK BETTER, we are guided by our commitment to improve a little every day in all relationships within the world of work.