JOST Werke SE Acquires Crenlo do Brasil from Crenlo Engineered Cabs
August 30, 2023
JOST Werke SE, through an affiliate, acquired Taxi Brazil Holdings B.V., the holding company for Crenlo do Brasil, from Crenlo Engineered Cabs (a portfolio company of Angeles Equity Partners). The divestiture lets Crenlo refocus on North American operations while JOST expands its regional footprint and product offering for agricultural and off‑highway machinery in Brazil.
- Buyers
- JOST Werke SE
- Targets
- Taxi Brazil Holdings B.V., Crenlo do Brasil
- Sellers
- Crenlo Engineered Cabs, Angeles Equity Partners, LLC
- Industry
- Manufacturing
- Location
- Minas Gerais, Brazil
- Transaction Type
- Divestiture
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