ERIKS, through its subsidiary ERIKS Hessen GmbH, acquired the main assets and commercial activities of technical distribution company Klaus Technische Grosshandlung GmbH, Hanau (near Frankurt in Germany). The acquisition was completed on 1 April 2013.
This business supplies a general assortment of industrial products and components, especially industrial hoses and accessories, seals, tools and pumps to OEM and MRO customers. The transaction will strengthen ERIKS Hessen’s position in the important industrial area around Frankfurt considerably.
All Klaus activities as well as the Klaus workforce will be integrated immediately into ERIKS Hessen GmbH, Dietzenbach.
Founded in 1940, ERIKS is a leading international industrial service provider offering a wide range of high-quality mechanical engineering components and associated technical and logistics services. ERIKS’ current product range, including the technical and logistics services that form part of it, is divided into five core activities; flow technology, sealing technology, bearing and power transmission, including electromechanical services and condition monitoring, industrial plastics, and tools and maintenance products. ERIKS currently consists of more than 65 companies with branches in 27 countries serving over 200,000 customers. In 2012, ERIKS generated net sales of € 1.8 billion. ERIKS is a wholly-owned subsidiary of SHV Holdings N.V., a privately-held family company with net sales in 2012 of € 20 billion.