Mutares SE & Co. KGaA has acquired JOST's crane division, enhancing its Goods & Services segment and positioning itself for future growth in the construction machinery market.

Target Information

Mutares SE & Co. KGaA has successfully completed the acquisition of JOST's crane division from the Hyva Group, marking a significant step in bolstering its Goods & Services segment. The crane division is an internationally recognized manufacturer and distributor of cranes and related services, implementing a multi-brand strategy to develop, produce, and maintain truck cranes for major global markets.

The company generates approximately EUR 100 million in revenue and employs around 400 staff members. With production and assembly facilities located in Italy, Brazil, and China, JOST's crane division maintains a robust global network of sales and distribution offices to ensure local delivery and customer support. Their diverse product portfolio serves multiple industries, including commercial and residential construction, infrastructure, and ship equipment, providing the necessary flexibility alongside cost-efficiency and optimal value for money.

Industry Overview

The crane manufacturing industry is a critical sector in the construction and heavy machinery markets, particularly in Europe, where ongoing infrastructure projects and a surge in construction activities drive demand. With increasing investments in infrastructure d