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Equipment

JBT delves deeper into electric GSE

05 February 2019

JBT Corporation has signed an agreement to acquire fellow US-based ground support equipment (GSE) manufacturer LEKTRO Inc.

The deal – valued at USD48 million before customary post-closing adjustments – is expected to close in the first quarter of 2019.

Privately owned LEKTRO specialises in manufacturing electric GSE. Its operations are likely to be folded into the JBT AeroTech division. LEKTRO is expected to add about USD35 million to full-year revenues.

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    PIS/LFBI AIRFIELD REF PT.: N46 35.15 E000 18.24 ELEVATION : 423' 129m CFR : 5 MAX RWY LENGTH : 7,710' 2,350 m General Information SURFACE : Rwy 03/21, 7,710' 2,350 m, width 148' 45 m, asphalt, PCN 44 F/C/W/T. ADDITIONAL RUNWAYS : Rwy 03R/21L, 2,297' 700 m, width 148' 60 m, grass, Rwy 03L/21R,

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