In 2023, Hyva undertook significant business restructuring efforts to enhance its global operations and competitiveness. This restructuring was aimed at improving operational efficiency, strengthening its product portfolio, and positioning itself better for growth in key markets.

The two companies have signed an exclusivity agreement with the deal expected to be finalised by late 2024. This acquisition will enhance JOST's portfolio, particularly in hydraulic systems used in transport, agriculture, and infrastructure industries.

Hyva cylinder production began in 1981 and then 30 years later, in 2011, the company hit its one million cylinder production milestone. Hyva has 13 production facilities scattered across Germany, Brazil, India, China and the Netherlands.

Hyva Pacific, based in Thornton, New South Wales, Australia (a subsidiary of Hyva Holding BV of Alphen aan den Rijn, Netherlands) has announced the acquisition of Truck Cranes Australia Pty Ltd of Brisbane, Queensland.

Hyva Holding B.V. has appointed two new dealers, Ballinlough and S.M. Components, for its cranes in Republic of Ireland  and Northern Ireland, respectively.

Hyva Holding B.V. has appointed Olav Berkelmans as managing director of Hyva Germany, with responsibility for the development of sales strategies and the main distribution channels for Hyva products and solutions in the DACH region.

Hyva Holdings BV has delivered its first 16R Hyva KENNIS e-Power electrically-powered rolloader crane.

Hydraulic crane and hook-loader specialist, Hyva Global BV recently opened its new service and maintenance workshop in Apeldoorn.

Scania Commercial Vehicles India Pvt Ltd - a wholly owned subsidiary of Scania AB - has launched its next generation XT range of mining and construction trucks in India.

Hyva makes tipping gear and tipper bodies at its facility in Pune - India is the only country worldwide where it manufactures tipper bodies.

The Hyva Group has announced effective June 1, 2019, it merged its Southern African operations, Hyva Southern Africa with independent truck crane dealer, Lift & Shift to form Hyva Southern Africa (Pty) Ltd, which is to be based in Johannesburg.

Kennis, a brand of material handling specialist, Hyva BV, headquartered in Alphen aan den Rijn, introduced its Hyva Kennis e-Power rolloader crane at the Bauma event in Munich early this month.