# Oshkosh to acquire AeroTech business from JBT for $800M

Oshkosh Corporation has entered a definitive agreement to acquire the AeroTech business from JBT Corporation for $800 million in cash. The acquisition adds aviation ground support products and airport services to Oshkosh's portfolio.

- Type: Acquisition
- Announced: 2023-05-30
- Where: United States
- Value: $800.0M
- Status: announced
- Products: aviation ground support products, gate equipment, airport services
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [JBT Corp.](https://endata.com/companies/1030.md) (target)
- [Oshkosh Corporation](https://endata.com/companies/6162.md) (acquirer)

## Sources

- [oshkoshcorp.com](https://www.oshkoshcorp.com/news/2023/5-30-23-oshkosh-acquires-aerotech-business), 2023-05-30: "Oshkosh Corporation today announced that it has entered into a definitive agreement to acquire the AeroTech business from JBT Corporation in an $800 million all-cash transaction."

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