MAKEEN Energy is strengthening its gas equipment business even more by signing an agreement to acquire Kroch Equipment from Belgium. This newest acquisition is aimed at growing our European gas equipment business and services.
Kroch Equipment with a base in Belgium will in the future be part of MAKEEN Energy. Kroch Equipment thus becomes the latest branch of MAKEEN Energy's gas equipment division, which supplies gas components and other commodities as well as service and consultancy for the gas industry worldwide.
The gas equipment business is a strategic focus area for which we have ambitious goals, and with the acquisition of Kroch Equipment, our gas equipment division will become even more powerful in Europe. The company will be managed by Tiago Leão Machado who has more than 20 years of experience in the gas equipment business as General Manager of our existing operations in Portugal.
The acquisition of Kroch Equipment adds extra volume and new business areas to MAKEEN Energy's gas equipment division. By building on its physical locations and its relations to the market, the European gas equipment business can now be further strengthened by developing the service area and offering added value to the European customers in particular – from purchase, consultancy and delivery to installation and on-site services.
High expertise and technical knowledge, combined with many years in the business, means that Kroch Equipment holds a strong position with many of the major suppliers. Kroch Equipment and MAKEEN Energy can therefore achieve substantial synergies in relation to key suppliers, both in terms of higher volume as well as a broader geographical area.
“Giving Kroch new opportunities to develop and extend business while being part of a larger structure, this acquisition will enable Kroch equipment to spread its wings, providing extended services and an extra range of products to the benefit of the industry”
- Lionel Pierre, MD, Kroch Equipment
