Kito Crosby has agreed to acquire eepos and its subsidiaries, known for its aluminum light crane systems, with the acquisition expected to be finalized in Q3, 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 it has subsidiaries in the US, Mexico, Brazil, Hungary, Turkey, France, South Africa, China, and India.
eepos will join Kito Crosby’s portfolio of installed lifting solutions, including the Kito, Harrington, and Erikkila brands. Additionally, the acquisition furthers Kito Crosby’s presence in ergonomic solutions enabling safer working practices for workers globally.
“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,” said Robert Desel, CEO, Kito Crosby.
Bastian Schoenfeld, CEO, eepos, (pictured) added it was proud to embark on its next chapter with Kito Crosby.
Crane 1 acquires Standard Crane & Hoist
Crane 1 has acquired Standard Crane & Hoist, a service and equipment provider of overhead crane inspections, repairs and maintenance, parts, and new cranes with eight locations across Louisiana, Mississippi, and Texas.
Founded in 1909, Standard Crane was founded by Cal Hadden as the Standard Supply Company focusing on the industrial supply market in the Gulf Coast region. Since 1990, under the management of Mac Hadden, the company has thrived after it pivoted to the overhead crane market and was renamed Standard Crane.
The company will continue to expand its operations across the South and Southwest regions, servicing both existing and new customers at the same high level.
“The purchase aligns well with our Crane 1 strategy of growing through highly selective acquisitions with companies that have excellent reputations in the overhead crane market while allowing us to expand our geographic service footprint,” said Thomas Boscher, CEO, Crane 1.
Crane 1 is a provider of overhead crane MRO services and equipment that maximize safety, diminish liability, reduce maintenance costs, and increase overall productivity. Services include; OSHA mandated inspections, maintenance, repair, design and installation of overhead crane systems and below-the-hook lifting devices.
Wolter acquires Cincinnati Crane & Hoist
Wolter material handling solutions has acquired Cincinnati Crane & Hoist (CC&H), a manufacturer of cranes and hoists based in Cincinnati, Ohio.
“We’re excited to welcome Cincinnati Crane & Hoist to Wolter,” said Jerry Weidmann, president, Wolter. “This acquisition allows us to leverage our strengths and expand our offerings of crane and hoist solutions. CC&H’s innovation and expertise in custom crane systems perfectly align with our commitment to accelerating productivity. Together, we aim to set new industry standards, ensuring our customers receive unparalleled support – from initial design and installation to commissioning, and ongoing service and maintenance.”
With over 16 years of industry trust, CC&H is renowned for innovative designs, custom solutions, and turnkey project capabilities, including overhead cranes, gantry cranes, monorail systems, runway systems, hoists, custom crane systems, and tailored turnkey solutions.
Under the Wolter name, customers will benefit from an expanded product line, customengineered capabilities, enhanced support for installation, maintenance, and repair. Wolter is committed to maintaining the high standards of quality and service CC&H customers expect, with a continued focus on accelerating productivity.
