Autoquip Corporation has announced they have acquired J.A. Becker & Söhne of Erlenbach, Germany. The company specializes in highly engineered and heavy-duty lifting technology for OEM production and MRO platforms for commercial vehicles, military & defense, rail cars, and light transit, as well as medium and high-pressure industrial air compressors specially tailored for nitrogen, helium, and natural gas applications.
“We are very pleased and excited to welcome JAB into the Autoquip family. There are growth opportunities for both companies to expand their markets and product offerings, fitting our strategy of acquiring complementary, high-quality, and differentiated businesses. Their lift platform technology provides us with access to another adjacent market that Autoquip has not targeted previously, opening doors to attracting light rail transit (LRT) transitioning cities and customers in the U.S. Both product lines from JAB expedite our progress towards providing solutions that assist in achieving their sustainability targets and goals,” said Chris Kuehni, President of Autoquip.
“We are thrilled to be under the guidance of Alexander Kraus, Managing Director of JAB, whose seven years of operational experience on the compressor business has been instrumental in leading the company. In 2020, he also assumed responsibility for the lift business, and with his capable direction and the dedicated support of the entire staff, we feel confident and well-guided on this journey. The company culture and product portfolio ideally complement that of Autoquip, making this a perfect match,” added Mr. Kuehni.
“The acquisition is a strategic fit, supported by the significant commonalities between the two companies,” said JAB Managing Director, Alexander Kraus. “Both companies have recently achieved significant milestones with J.A. Becker & Söhne in business for 125 years and Autoquip Corporation for 75 years. Each has built a strong reputation for highly engineered lifting products with superior quality
and reliability, along with customer trust attributed to their longevity. We are thrilled to be part of the organization which is poised to significantly enhance our future strength and stability, and one that shares our core company values.”
