EWIE Group of Companies (EGC) finalises acquisition of majority stake in KROMI Logistik GmbH
In September 2023, EGC announced its intention to acquire a majority stake in KROMI Logistik GmbH from Investmentaktiengesellschaft für langfristige Investoren TGV. The transaction was successfully completed in July 2024.
The acquisition of KROMI is a strategic move that will enable EGC to leverage the KROMI brand for accelerated growth in Europe and South America. KROMI will benefit in particular from EGC's economies of scale.
About the EWIE Group of Companies (EGC)
EGC is a leading global provider of tooling and MRO management services, specialising in engineering solutions and supply chain services. Through its brands EWIE, PSMI, SourcePro, Gaging Solutions and Services and EGC Supply, EGC focuses on reducing its customers' operating costs and improving production efficiency through technology and data. EGC provides its services to over 250 factories in 14 countries.
www.theegc.com
About the KROMI Logistik GmbH
KROMI is a manufacturer-neutral provider of integrated tool management solutions and offers comprehensive services that are customised precisely to the customer's requirements. To achieve this, KROMI combines traditional tool trading with state-of-the-art dispensing machines on site and an IT-based management system. The company is based in Hamburg with four locations in Germany and four foreign subsidiaries in Europe and South America. KROMI is active in 12 countries.