Losi acquires stock of Euro Industrial Equipment (UK)
Losi Ltd. has acquired the stock of Euro Industrial Equipment (UK) Ltd., the M+S Hydraulic motor and Caproni gear pump distributor in the UK. Euro Industrial has been run in the UK by Kosta Kostadinov for more than 20 years. Following his decision to retire, Euro Industrial will cease to trade.
Losi Group has been the M+S Hydraulic distributor in Central Europe for more than 30 years, working closely with M+S in the development and expansion into new products. Three years ago Losi Ltd. was set up as official distributor for M+S Hydraulic in UK alongside Euro Industrial, and as exclusive distributor for M+S Hydraulic in the Republic of Ireland.
Losi Ltd. is based in Kings Lynn Norfolk and its operations are headed up by Jim Bell and his son Ashley Bell. As Losi Ltd. has expanded so has its warehousing space. With the inclusion of Euro Industrial stock, warehousing space for Losi continues to grow.
Jim Bell comments that success for Losi has been achieved by working closely with key OEM manufacturers and being involved with them at the design stage of projects through to production build. In many cases, flexibility from M+S enables custom drive solutions to be developed to suit the OEM applications.
Losi Group has its own hydraulic manifold design and manufacturing facility based in mainland Europe, specialising in customised manifold solutions. Losi also provides a service to the hydraulics distribution industry.
With the Euro Industrial acquisition, Losi now has access to the Caproni product range. This includes: gear pumps and motors, hydraulic valves and hand pumps. Losi also plans to introduce the Caproni range to existing and new customers.
Jim Bell comments that the acquisition of Euro Industrial will expand the customer base for Losi and improve service as a result of increased stock holding.
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