# JLG to acquire spider lift manufacturer Hinowa

Oshkosh, through its JLG division, is acquiring Italian spider lift manufacturer Hinowa from the Fracca family. The acquisition is expected to complete within 90 days. Financial terms were not disclosed.

- Type: Acquisition
- Announced: 2022-11-15
- Where: Nogara, Verona, Italy
- Status: announced
- Products: spider lifts, track mounted equipment, dumpers, tracked carriers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Oshkosh Corporation](https://endata.com/companies/6162.md) (investor)
- [JLG Industries](https://endata.com/companies/44435.md) (acquirer)
- [Hinowa S.p.A.](https://endata.com/companies/66647.md) (target)

## Sources

- [vertikal.net](https://vertikal.net/en/news/story/40745/jlg-to-acquire-hinowa), 2022-11-15: "This acquisition will accelerate our electrification capabilities and provide growth opportunities across core and adjacent markets."

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