Jost buys global hydraulics manufacturer
Jost has announced its acquisition of Hyva, a global player in commercial vehicle hydraulics.
Hyva produces front-end tipping cylinders, and a full range of double acting cylinders, container lifting systems, waste handling systems, and truck-mounted cranes.
“Joining the Jost world represents an exciting new chapter for Hyva,” said Hyva chief executive officer Alex Tan. “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.”
Jost says the deal expands its product line in on- and off-highway applications. The acquisition also opens up new markets for Jost.
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