Edbro: Strategic Sale to Orsan Automotive Limited Concludes
Deal News | Apr 07, 2025 | Womble Bond Dickinson
Womble Bond Dickinson (WBD), a prominent legal advisory firm, has advised Endless, a leading private equity investor, on the sale of Edbro, a key player in the hydraulic cylinders market, to Orsan Automotive Limited, a Turkish-based enterprise. The transaction underscores the essential role of WBD in facilitating cross-border sales within the Private Equity sector, leveraging the expertise of the team led by corporate partner James Cook and managing associate David Ridley. Edbro, previously acquired by Endless's SME platform Enact from JOST Werke AG in 2021, stands to gain from its strategic fit with Orsan, aligning with the latter's expansion plans. This transaction was complemented by another recent advisory initiative by WBD for Endless, involving the sale of Kennelpak's Pets & Friends retail chain.
Sectors
- Private Equity
- Manufacturing
- Automotive
- Legal Advisory
Geography
- United Kingdom – Womble Bond Dickinson and Endless are based in the UK, and Edbro, the company sold, is located in Bolton, UK.
- Turkey – Orsan Automotive Limited, the buyer of Edbro, is based in Turkey.
- Germany – Edbro was previously owned by German company JOST Werke AG before its acquisition by Endless via Enact.
- Mexico – The acquiring group, Orsan Industries, has operational locations in Mexico, indicating their geographic reach.
Industry
- Private Equity – The article discusses a transaction involving a private equity firm, Endless, which facilitated the sale of Edbro.
- Manufacturing – Edbro, the target company, is a manufacturer specializing in hydraulic cylinders for various applications.
- Automotive – Orsan Automotive Limited, the acquiring company, operates within the heavy-duty vehicle manufacturing sector.
- Legal Advisory – Womble Bond Dickinson provided legal counsel for the transaction, highlighting the role of advisory expertise in cross-border deals.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Womble Bond Dickinson | Legal Advisor | Company | Provided legal advisory services for the sale of Edbro. |
| Endless | Seller | Company | Private equity firm that sold Edbro to Orsan Automotive Limited. |
| Edbro | Target | Company | A leading manufacturer of hydraulic cylinders sold to Orsan Automotive Limited. |
| Orsan Automotive Limited | Buyer | Company | A Turkish-based company that acquired Edbro. |
| JOST Werke AG | Vendor | Company | The former German parent company of Edbro before its acquisition by Endless. |
| Enact | SME Platform | Company | An SME platform of Endless that acquired Edbro in 2021. |
| Orsan Industries Incorporated | Parent Company | Company | The parent company of Orsan Automotive Limited. |