JOST Werke AG (JOST), a global equipment producer for the CV industry, sold its Edbro hydraulic cylinders business to fund manager Endless LLP.
Following the review of its organic and external expansion strategy, JOST decided to divest its Edbro hydraulic cylinder business to focus on other strategic growth opportunities in the transportation and agricultural commercial vehicle segment.
Endless LLP, which has acquired Edbro Ltd (formerly JOST UK Ltd), confirmed that their future plans for Edbro are well aligned with Edbro’s and JOST’s objectives. JOST will continue to distribute Edbro products to customers and ensure a seamless customer experience.
