Global law firm White & Case LLP has advised JOST Werke AG, a leading global producer and supplier of safety-critical systems for the commercial vehicle industry, on the sale of its UK-based Edbro hydraulic cylinders business to Enact and its fund manager Endless LLP.
JOST Werke is a global producer of truck, trailer and agricultural components and systems, operating from more than 30 production and sales locations worldwide. The Edbro hydraulic cylinders business serves the general haulage, construction, quarrying and mining industries.
Enact, whose fund manager is Endless, is a UK-based private equity investor that invests in small to medium-sized businesses.
The parties have agreed to maintain confidentiality regarding further details of the transaction.
The White & Case team that advised on the transaction was led by partners Stefan Bressler (Frankfurt & Hamburg) and Thilo Diehl (Frankfurt) and included partners James Johnson, Helen Joseph, Will Smith (all London) and Detlev Gabel (Frankfurt), counsel Tallat Hussain (London), local partner Mathis Rust (Düsseldorf) and associates Mathias Bogusch, Anna Dold, Jan Lampert, Thorsten Rohde, David Smith (all Frankfurt), Verity Houlker, Francesca MacSwiney, Peter North, Anna Rawlence, Lowrie Robertson, Jessica Sullivan, Lily Teh and Ben von Maur (all London).
For more information please speak to your local media contact.