Overview

A global producer and supplier of hydraulic cylinders for hydraulic loading and unloading systems for commercial vehicles. During our ownership, Hyva transformed from a Dutch-based business to a global market leader and tripled its turnover.

This significant internationalisation included an acceleration of capex, with eight factories built in BRIC markets, and the development of manufacturing, R&D and sales/service infrastructure in Europe, Asia and the Americas.

Highlights

• Global leader with 60% market share in its relevant markets
• 3-fold growth in turnover during our investment
• Emerging markets sales increased from 23% at investment to 70% at exit
• Increase in international footprint from 16 to 32 countries
• Product line extended through strategic acquisitions

Regulatory information 
This transaction involved a recommendation of 3i Investments plc, advised by 3i Benelux.