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Mergers & Acquisitions

JOST-Werke AG sells Edbro to UK investment fund

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By Jim Gibbins - 1st May 2021

Germany / UK - Jost-Werke AG (Jost)¹ of Neu-Isenburg, Germany, a manufacturer and supplier of coupling components for trucks and trailers has been bought by investment fund management company, sold Edbro Ltd² of Bolton, UK to Enact and its fund manager, Endless LLP³ of Leeds, UK for an undisclosed sum.

Following a review of its organic and external expansion strategy, JOST-Werke decided to divest its Edbro hydraulic cylinder business to focus on other identified strategic growth opportunities in the transportation and agricultural commercial vehicle segment.

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