PARENT COMPANY OF KIOTI UK BOUGHT

An agreement has been reached between Pols, the parent company of Kioti UK Ltd. and SMT Netherlands for SMT Netherlands to acquire Pols including Kioti UK Ltd.

SMT Netherlands are a full-service distribution company. They are the exclusive importer of Volvo Construction equipment and Sennebogen Cranes and material handlers.
 
The acquisition which still requires approval from the Dutch authorities is expected to be completed in June 2025. The activities of Pols will be transferred to SMT Netherlands. This agreement will see the introduction of the SMT product portfolio into the Dutch greens-care market. 
 
“This acquisition is an important step in our growth strategy”, says Jorik Kuiken, managing director of SMT Netherlands. “Pols has built a strong reputation in the respective sectors. By joining forces we can support our customers even better with high quality products, service and rental solutions. I look forward to welcoming the Pols team to SMT and to a successful future together.”
 
Kioti UK Ltd. and Pols will continue to operate under their existing names after the proposed take over and will retain their existing locations and employees. This ensures that their service and expertise are safeguarded. Kioti UK Ltd and Pols existing dealers and customers will therefore be able to continue to count on the current offering and more.
 
“After careful consideration, SMT is the right partner for us to further shape the future of Pols and Kioti UK ” says Piet van der Pols,CEO of Pols and Kioti UK. “I am convinced that our customers and employees will benefit enormously from this agreement.”