M&A
confidence high
sentiment positive
materiality 0.75
Oshkosh to acquire AUSA for ~€115M ($124M); adds telehandlers, dumpers to Access segment
OSHKOSH CORP
- Purchase price of €115M (~$124M) in cash on cash-free, debt-free basis.
- Acquisition adds AUSA's wheeled dumpers, rough-terrain forklifts, and telehandlers to Access segment.
- AUSA reported ~€132M sales in 2023; employs ~350 people with 600 dealers.
- Transaction expected to close within 90 days, subject to customary closing conditions.
- Oshkosh CEO says deal aligns with growth strategy; companies have partnered since 2020 on SkyTrak 3013.