JOST has acquired Hyva III B.V. to enhance its position as a global supplier in the commercial vehicle industry, significantly increasing its operational capacity and market reach.
Target Information
JOST, a leading global manufacturer and supplier of safety-critical systems for the commercial vehicle industry, has entered into a purchase agreement with Unitas Capital Pte. Ltd. and NWS Holdings Limited for the acquisition of 100% of Hyva III B.V., including its direct and indirect subsidiaries worldwide. This strategic move positions JOST to further solidify its influence within the sector.
Founded in 1979 and headquartered in the Netherlands, Hyva is a prominent provider of hydraulic solutions for commercial vehicles, serving clients in over 110 countries. The company employs around 3,000 staff globally and operates 14 production facilities located in China, India, Brazil, Mexico, Germany, and Italy, catering to the transport, agriculture, construction, mining, and environmental industries.
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Industry Overview
The commercial vehicle industry is crucial for global economic functioning, encompassing logistics, transportation, and infrastructure development. In the Netherlands, where Hyva is based, the industry conti
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