mynth
02/2025

HYVA acquired by JOST WERKE

NETHERLANDS Automotive / Auto Parts & Suppliers EV 300M - 700M EUR

Context

JOST Werke SE has signed a definitive sale and purchase agreement to acquire 100% of the share capital of Hyva from Unitas Capital Pte. Ltd. and NWS Holdings Limited. This transformative acquisition aligns with JOST's strategy to become the premier supplier for both on-highway and off-highway commercial vehicles worldwide. By integrating Hyva, JOST significantly expands its product portfolio with smart hydraulic solutions and strengthens its foothold in high-growth infrastructure markets such as India, Asia, and Brazil. The combination creates a robust group with pro-forma sales of around EUR1.8 billion. The transaction is financed through a mix of cash and debt and is expected to generate substantial cost and revenue synergies, particularly through cross-selling opportunities across their complementary customer bases.

HYVA, which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Industry & Manufacturing sector (11.6x).

-> Deep-dive in Industry & Manufacturing market trends

Target

Founded in 1979 and headquartered in the Netherlands, Hyva is a leading global provider of transport solutions for the commercial vehicle and environmental service industries. The company is the undisputed world market leader in front-end tipping cylinders, commanding a market share of over 40%. Its extensive portfolio also includes waste handling systems (hookloaders, skiploaders), cranes, and container lifting equipment. Hyva operates a vast global network with 14 production facilities across key markets including China, India, Brazil, Mexico, Germany, and Italy. With approximately 3,000 employees, it serves a diverse customer base in transport, agriculture, construction, mining, and environmental sectors across more than 110 countries.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2024
2023

Similar deals in Automotive

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
10/2025MONTYON CAPITALCAILLAUFRANCEAuto Parts & Suppliers
04/2025GLOBAL TECHNOLOGIESNOVARESFRANCEAuto Parts & Systems
12/2024GLOBAL AUTO HOLDINGSWISMO GROUP (EX K.W. BRUUN)DENMARKDealerships
11/2024UI INVESTISSEMENTANTARES DIFFUSIONFRANCEAftermarket & Repair
09/2024OUEST CROISSANCE / BPIFRANCETEXELISFRANCEHeavy Duty & Special Vehicles
01/2024PATRICK INDUSTRIESSPORTECHUNITED STATESAuto Parts & Systems
06/2023GLOBAL AUTO HOLDINGSLOOKERSUNITED KINGDOMDealerships
11/2022AUO CORPORATIONBEHR-HELLA THERMOCONTROL GMBH (BHTC)GERMANYAuto Parts & Systems
10/2022PLASTIC OMNIUMVARROC LIGHTING SYSTEMS (VLS)INDIAAuto Parts & Systems
10/2022SOCIETE GENERALE CAPITAL PARTENAIRESPOZEOFRANCERetail & Services

REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 450M - 900M EUR

EBITDA range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of HYVA by JOST WERKE are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.