Track record

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 under our ownership

  • 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.
“I would like to thank 3i for their continuous support for our successful entrepreneurial and global growth in transforming a European, Dutch-based business into a truly global player with a market leading position in all the countries in which we operate." Louwrens Dijkstra, CEO, Hyva
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