# JOST Werke acquires Ålö AB from Altor Funds for €250M

JOST Werke AG acquired Ålö AB, a supplier of front-end loaders for agricultural machinery, from Altor Funds for an enterprise value of €250 million.

- Type: Acquisition
- Announced: 2020-01-31
- Value: $275.0M (250.0M EUR)
- Jobs: 700
- Status: completed
- Products: front-end loaders, Quicke, Trima, Original Implements
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [JOST Werke](https://endata.com/companies/12278.md) (acquirer)
- [Ålö AB](https://endata.com/companies/36975.md) (target)
- [Altor Funds](https://endata.com/companies/44896.md) (investor)

## Sources

- [clairfield.co.uk](https://clairfield.co.uk/transaction/clairfield-advises-jost-werke-ag-on-the-acquisition-of-alo-ab-from-altor-funds/), 2020-01-31: "JOST Werke AG, the global market leader in safety critical solutions for commercial vehicles, acquired Ålö AB, one of the world's leading suppliers for the agricultural machinery industry, from Altor Fund III."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.