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Announced

Completed

Endless completed the acquisition of Edbro from Jost Werke.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

Machinery: Industrial

Private

Completed

Majority

Single Bidder

Acquisition

Private Equity

hydraulic systems

Domestic

Friendly

Synopsis

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Private equity firm Endless completed the acquisition of Edbro, a provider of on-vehicle hydraulic systems, from Jost Werke, a manufacturer and supplier of safety-relevant systems for commercial vehicles. Financial terms were not disclosed. "We are delighted to support the Management team and all of the Edbro employees as the business embarks on this exciting new chapter in its history. This business has huge potential and we will provide fresh capital investment and hands-on operational support to help unlock it," Richard Harrison, Endless Partner.

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