CRCI invested in Cloos in 2019, alongside Estun, a Chinese listed robotics company.

Cloos GmbH (“Cloos”), founded in 1919, develops, manufactures and distributes customized robotic arc-welding and cutting solutions related products and individual solutions to customers in more than 40 countries worldwide. It covers the entire spectrum of welding technology from welding machines, robotics, sensor technology as well as complete systems for automated welding and cutting. With its Technological leadership in both arc-welding and robotics together with its long-year problem solving expertise, Cloos is the absolute world no. 1 in customized robotic arc-welding market.