JOST Werke SE has announced the acquisition of Hyva in a USD 398 million deal signalling a decisive move to expand its product capabilities and regional presence. The acquisition of Hyva, a global leader in hydraulic solutions, is set to strengthen JOST’s portfolio in both On-Highway and Off-Highway segments and enhance its global competitiveness. More notably, the deal adds immediate depth to JOST’s offerings for India’s evolving commercial vehicle industry.
As the country pushes forward on infrastructure development and clean mobility, there is a growing demand for reliable, durable and efficient hydraulic solutions. Hyva’s expertise, particularly in hydraulic tipping systems—where it holds a 40 per cent market share—fits naturally into this context. Pradeep Gorur Sheshagiri, Managing Director, JOST India, stated that the acquisition will allow the company to offer custom-built solutions suited for Indian terrain and operational challenges. He also underlined how the combined strengths would help deepen collaborations with Indian OEMs.
The integration expands JOST’s access to Hyva’s established sales and service network, offering customers in India and beyond a broader range of technologies and local support. Jeffrey Zuidgeest of Hyva also noted that the merger enables the combined entity to better meet user expectations through an enriched portfolio and streamlined customer service. In a market that increasingly values after-sales support and integrated component systems, this merger helps JOST step into a more central role.