Add-on Acquisition • Distribution

Kramp Groep Acquires Genfitt

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

Acquisition Context

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

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M&A Deal Summary
Date	July 5, 2023
Target	Genfitt
Sector	Distribution
Buyer(s)	Kramp Groep
Deal Type	Add-on Acquisition

Target Company

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 Overview 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 Context for Buyer	#
Overall	1 of 1
Sector: Distribution	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Ireland	1 of 1
Year: 2023	1 of 1

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