The purchase will enlarge WEG's turnover and global reach substantially. The net operating revenue of these businesses in 2022 was approximately BRA 2.8 billion (USD541.5m), with an adjusted EBITDA margin of 9.5%.
The bucket truck was fitted with a ‘Hi-Ranger LT40’ aerial work platform from Terex which is powered independently of the vehicle battery, while the box truck was built by Marion Body Works.