NPM Capital is acquiring a 40 percent stake in international technical wholesaler Kramp. The company has 1,100 employees and provides parts and services to more than 40,000 agricultural machinery, garden machinery, construction and earthmoving machinery dealers, machinery manufacturers and repair and production companies. The company has its head office in Varsseveld, the Netherlands and sixteen branch locations in eight European countries. Kramp realised revenue of more than € 300 million last year.
NPM Capital is gaining this stake through the sale of the majority of the shares held by departing CEO Anjo Joldersma. The remaining shares are held by the management and by the Kramp family that originally founded the company.
Kramp’s product range includes more than 250,000 products, many of which can be delivered from inventory. The selection covers the full spectrum from machinery, tractor parts and drive technology to hydraulics, accessories and tools. In addition to its own brand, Kramp carries OEM and A brands. The company furthermore provides its customers with support in the form of logistical services, commercial support, knowledge transfer and other services.
Eddie Perdok, CEO of Kamp: “We have succeeded in continuing to be a decisive and enterprising family company thanks to the equity investment of NPM Capital and a management team that feels responsible for the company in its role as co-owner. The management operates close to the activities and is convinced that there are still extensive growth opportunities. We have found a financially strong organisation in NPM Capital that can help us to realise our growth ambitions.”
“Kramp is an excellent company that holds a strong position in the market,” says Jan Willem Baud, Managing Director of NPM Capital. “It is a company with growth potential. Kramp has a clear international focus and has invested extensively in e-commerce in recent years. These are all aspects that we would very much like to help to develop further.”