JOST acquires Crenlo do Brasil and LH Lift for EUR 56 million

JOST has signed agreements to acquire 100% of Crenlo do Brasil, a Brazilian manufacturer of applications for agricultural and off-highway machinery, and LH Lift Oy, a Finnish maker of three-point linkages and hitches for tractors. The combined purchase price is EUR 56 million, expected to add around EUR 100 million in sales.

“Together, these acquisitions will expand JOST’s current product portfolio while at the same time significantly broadening JOST’s current global reach with new markets and new customers in Brazil and in Asia.”inte.jost-world.com

• 1 source
• inte.jost-world.comJOST acquires Crenlo do Brasil and LH LiftJOST Communications TeamMar 30, 2023

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