Mutares SE & Co. KGaA has signed an agreement to acquire Hyva's crane division, a move aimed at enhancing its Goods & Services segment, pending regulatory approval expected by Q4 2025.

Target Information

The crane division of Hyva is a well-established international manufacturer and distributor of cranes and related services. Under a multi-brand strategy, this division designs, manufactures, and maintains truck cranes for key global markets. The company generates approximately EUR 100 million in revenue and employs around 400 staff members. It has production and assembly facilities located in Italy, Brazil, and China, as well as a global network of sales and distribution offices to ensure local delivery and customer support.

Hyva's product portfolio caters to various sectors, including commercial and residential construction, infrastructure, and ship equipment, ensuring a strong balance of flexibility, cost efficiency, and optimal value for money. With a diversified brand portfolio and extensive experience in compact and mid-sized crane applications, the company generates significant value in its niche and taps into high growth potential in both emerging and industrialized countries, thereby further enhancing its global market position.

Industry Overview

The crane industry has witnessed consistent growth driven by the increasing demand for lifting equipment across various sectors, including construction, mining, and manufacturing. In Germany, where innovation and engineering excellence thrive,