JOST Werke SE Completes Acquisition of Hyva

JOST Werke SE has finalized the acquisition of Hyva, a prominent global entity in hydraulic solutions for commercial vehicles. The deal received unrestricted approval from antitrust authorities and was concluded on January 31, 2025. Hyva will now be consolidated into JOST's operations starting February 1, 2025.

Hyva commands over 40% of the global market in front-end tipping cylinders and offers an array of products like double acting cylinders and container lifting systems. Established in 1979, Hyva is headquartered in the Netherlands and maintains a robust global sales and service network. The transaction, valued at USD 398 million, is financed through cash and debt.

JOST’s CEO expressed enthusiasm about the growth prospects this merger brings, while Hyva’s CEO noted the collaboration's potential to enhance value for global customers. Financial projections considering Hyva's contribution will be disclosed in JOST's upcoming annual report.