The Aebi Schmidt Group acquired on July 24, 2023, the Snow Products Business of Oshkosh Corporation, based in Oshkosh, Wisconsin (USA) and will integrate this business into its subsidiary M-B Companies, Inc. based in Chilton, Wisconsin (USA).
“This will strengthen our business in North America, both in sales, production and in the After Sales business, which we would like to expand further,” says Barend Fruithof, Group CEO of Aebi Schmidt, explaining the transaction.
The Aebi Schmidt Group will use this opportunity to expand its own Snow Products position in North America. “The acquisition also makes a lot of sense for us from a business point of view," says Steffen Schewerda, CEO Aebi Schmidt North America. “The integration of the acquired business at M-B’s Chilton location will further utilize the new production facility built there in 2021/22.”
“We are convinced that the acquisition will also benefit Oshkosh's existing customers,” says Fruithof. “Aebi Schmidt has extensive industry experience and an extensive customer network. And we ourselves see an opportunity to further expand our After Sales business.”
Oshkosh Corporation is a leading manufacturer of purpose-built vehicles and equipment. The Aebi Schmidt Group is a global leader in intelligent solutions for customers who care for clean and safe infrastructure and cultivate challenging grounds. The unique variety of its range of products comprises its own vehicles as well as innovative attachable and demountable devices for individual vehicle equipment.