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  5. Kramp Groep Acquires Genfitt

M&A Deal Summary

Kramp Groep Acquires Genfitt

On July 5, 2023, Kramp Groep acquired distribution company Genfitt

Acquisition Highlights
  • This is Kramp Groep’s 1st transaction in the Distribution sector.
  • This is Kramp Groep’s 1st transaction in Ireland.

M&A Deal Summary
Date 2023-07-05
Target Genfitt
Sector Distribution
Buyer(s) Kramp Groep
Deal Type Add-on Acquisition

Target

Genfitt

Kiltimagh, Ireland
Genfitt is an independent wholesale distributor of spares and components to the agricultural sector in Ireland. The company offers knowledge and expertise in agricultural machinery and their applications. It supplies products throughout the island of Ireland and the UK & carries thousands of products in stock. As well as spares and components for agricultural applications we carry a wide range of other products serving hardware, trailer, and engineering trades. Genfitt is based in Kiltimagh, Ireland.

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Buyer(S) 1

Buyer

Kramp Groep

Varsseveld, Netherlands
Category Company
Founded 1951
Sector Distribution
Revenue 378M EUR (2013)
DESCRIPTION

Kramp Groep is a technical wholesaler that supplies parts for tractors and farm machinery and related services for the agricultural industry. The company also supplies parts for plant, park and garden machinery and a comprehensive range of tools and accessories. Kramp Groep was founded in 1951 and is based in Varsseveld, Netherlands.

DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Ireland M&A 1 of 1
Year: 2023 M&A 1 of 1
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