Oshkosh to buy Spain’s Ausa
08 May 2024
JLG’s owner, Oshkosh Corp, is to buy Spanish compact equipment specialist Ausa for €115 million. The deal will see the manufacturer become part of Oshkosh’s Access segment alongside aerial platform supplier JLG.
Ausa, which reported revenues of €132 million in 2023, makes compact telehandlers, site dumpers, forklift trucks as well as cleaning machines. Based near Barcelona, it employs 350 people and has 600 dealers in 90 countries worldwide.
The purchase price is debt free and payable in cash.
The two companies have previously worked together, with a 2020 agreement for Ausa to make JLG’s SkyTrak 3013 compact telehandler.
“AUSA’s history of producing high-quality, purpose-built equipment aligns with our ‘Innovate. Serve. Advance.’ strategy, allowing us to broaden our product offerings in both current and adjacent markets,” said John Pfeifer, Oshkosh Corp’s president and chief executive officer.
“We look forward to welcoming the Ausa team into the Ohkosh family.”
Oshkosh said the Ausa’s products would enhance JLG’s telehandler range as well as its Hinowa-branded tracked dumpers and forklifts.
Mahesh Narang, executive vice president Oshkosh Corp, and president of the Access division, said Ausa was a proven partner; “Combining our advanced technology capabilities and robust training, support and service infrastructures will allow us to better serve customers and enable targeted growth.”
Ramon Carbonell, Ausa’s CEO, said; “We constantly pursue excellence in our products, services and business. A deeper relationship with Oshkosh will expand the reach of our products, which is an objective our companies share.”
Oshkosh said the deal, which is expected to close within 90 days, supported its strategy of “accelerated growth”.
Founded in 1956 and based in Manresa close to Barcelona, Ausa operates in 90 countries and has subsidiaries in Madrid, France, the UK, Germany, the US and China.
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