JOST closes acquisition of Hyva

Story Highlights

• JOST Werke SE
• HYVA

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JOST Werke SE, a leading global producer and supplier of safety-critical systems for commercial vehicles, acquires Hyva, a renowned global technology leader in hydraulic solutions. This acquisition marks a significant milestone in the growth journey of JOST, strengthening its position as a leading supplier for On-Highway and Off-Highway applications in the commercial vehicle industry.

Hyva is the world’s leading producer of front-end tipping cylinders, and supplies a full range of dou-ble acting cylinders, container lifting systems (hookloaders and skiploaders), waste handling solu-tions (refuse collection bodies and compactors), and truck-mounted cranes. Hyva solutions are used worldwide, across a range of sectors including Transport & Logistics, Construction & Mining, as well as Agriculture and Environmental.

Founded in 1979 and headquartered in the Netherlands, Hyva operates in more than 110 countries with over 3,000 employees and 14 production facilities in Brazil, China, Germany, India, Italy, and Mexico.

Joachim Dürr, CEO of JOST Werke SE, is pleased about the acquisition: “With the Hyva brand as part of the JOST World, we are strengthening our business structure, customer base, and market positioning. Together, we will expand our global footprint, enrich our portfolio for transport and agriculture businesses, and boost our potential in the infrastructure industry.”

Alex Tan, CEO of Hyva said: “Joining the JOST World represents an exciting new chapter for Hyva. Our shared commitment to advancing technology and providing reliable & innovative solutions for transportation, agriculture, construction, mining, and environmental applications creates a strong foundation for mutual success. Together, we will drive growth and deliver even greater value to our customers globally.”

Hyva’s portfolio enriches JOST’s comprehensive range of products of On-Highway applications in the transport industry as well as Off-Highway applications in the agriculture and construction industries.

By joining forces with Hyva, JOST enhances its regional presence, particularly in Asia and the Americas, and enters new market segments. Hyva’s strong brand, recognized for its technological leadership and strong market position (40 per cent in hydraulic tipping cylinders), complements JOST’s existing offerings.

Customers will benefit from the comprehensive range of products, expertise and service across the globe, ensuring streamlined processes, consistent quality and access to specialized knowledge, tailored to meet diverse regional needs.

The combined strength of both brands not only elevates their global positioning, driving competitiveness and market leadership. By pooling R&D expertise, JOST and Hyva will create an innovation platform focused on automated and digital solutions to meet emerging industry trends and evolving customer needs.

For over 70 years, JOST has been writing a story of growth and innovation, transitioning from a small forge to a global company with over 25 locations worldwide. Strategic acquisitions have been a cornerstone of this track, including the acquisitions of ROCKINGER (2001), TRIDEC (2008), Mercedes-Benz TrailerAxleSystems (2014), Alö (2020), Crenlo do Brasil (2023) and LH Lift (2023).

The acquisition of Hyva is a new substantial chapter of the JOST story, unlocking significant opportunities to become the No. 1 supplier for On-Highway and Off Highway commercial vehicles. By staying agile and responsive to evolving industry dynamics, the company continues to drive innovation and deliver exceptional value to its customers worldwide.