JOST acquires LH Lift, a well-established Supplier and Manufacturer of Three-Point Linkages and Hitches for Agricultural Tractors

JOST Werke SE, a leading global producer and supplier of safety-critical systems for commercial ve-hicles, has signed a purchase agreement to acquire LH Lift Oy, a Finnish company that manufactures and delivers three-point linkages and hitches to agricultural tractor customers. The product range expands JOST’s portfolio of products for the agricultural business line which is known under the Quicke and ROCKINGER brand.

LH Lift was founded in 1975 and is headquartered in Laukaa, Finland. It has production sites in Finland and China with about 88 employees. The company supplies products to OEM tractor manufacturers in Europe and Asia and South America. The portfolio comprises three-point linkages and rear hitches as well as front linkages for tractors.
LH Lift products are established on the market and sold in long standing partnership with some of the biggest tractor OEMs. LH Lift’s portfolio perfectly fits the JOST offering to the agricultural tractor in-dustry and can be grown significantly, leveraging the existing market presence of JOST Agriculture businesses.

Acquisition complements the ROCKINGER portfolio with solutions for agricultural tractors
Based on the established product portfolio of LH Lift, the strong ROCKINGER brand and the company’s global sales channels, JOST expects significant growth from the new product line. The acquisition per-fectly complements the ROCKINGER portfolio and will further increase its relevance. JOST expects that the integration of LH Lift under the ROCKINGER brand will generate synergies in product research and development as well as sales and purchasing, bringing these benefits to the everyday life of the cus-tomers.

Statements of the management board
Joachim Dürr, CEO of JOST Werke SE, is pleased about the acquisition: “With LH Lift we are integrating a well-established manufacturer of three-point linkages and hitches, serving customers in Europe and China. Leveraging our strong ROCKINGER brand and global sales channels, we expect to significantly grow the acquired product portfolio.”

Jan Meister, Head of Sales and Marketing Agriculture at ROCKINGER, is looking forward to the strength-ened portfolio: “The three-point and pick-up hitch product range from LH Lift is a logical addition to the current ROCKINGER portfolio. We create an even stronger global partner for functional attachment and hitch systems at the rear of the tractor. Additionally, LH Lift products are designed and tested carefully for easy mounting and a long lifespan. This philosophy perfectly matches the one of ROCK-INGER.“

Timo Viiki and Eero Viiki, Owners of LH Lift, commented: “JOST is the ideal industrial partner who serves deeply entrenched contacts with OEMs just like we do. By bundling our know-how and using the JOST sales channels, we can reach even more customers and develop customized solutions that meet the special, unique requirements of agricultural professionals worldwide.”

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