Kito completes acquisition of all stock in Van Leusden

Kito Corporation has completed the additional acquisition of shares in Van Leusden of the Netherlands via Kito Europe GmbH, making Van Leusden a wholly owned subsidiary of Kito.

Van Leusden operates mainly in Europe, specialising in customisation technology, particularly anti-corrosion treatment of mainly manually operated hoists, trolleys, cranes and crane components for maritime and other offshore use, and spark-proof treatment for applications in environments with high risk of explosion. By adding these high-value-added products to its lines, Kito benefits from synergistic effects in terms of both regional and product strategies.