
JOST Werke SE, a leading global producer and supplier of safety-critical systems for commercial vehicles, has acquired 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 double acting cylinders, container lifting systems (hookloaders and skiploaders), waste handling solutions (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.
“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,” says Joachim Dürr, CEO of JOST Werke SE.
“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,” adds Alex Tan, CEO of Hyva.
The companies note 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 states it 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 company adds.