JOST Completes Sale of Crane Business to Mutares

JOST Werke SE has finalized the sale of its crane division to Mutares SE & Co. KGaA. This transaction marks a significant step in integrating the Hyva Group, acquired earlier this year. With the crane business divested, JOST aims to concentrate on its primary operations and pursue its AMBITION 2030 growth strategy. This aims at enhancing enterprise value through organic growth and strategic acquisitions.

The crane business, classified as "assets held for sale" since February 2025, generated revenues of EUR 54.6 million but faced an adjusted EBITDA loss of EUR -1.6 million by September 2025. The sale does not negatively impact JOST's 2025 outlook, affirming its commitment to business growth.