Mutares signs an agreement to acquire the crane business unit of Hyva
- Internationally established manufacturer and distributor of cranes
- New platform acquisition to strengthen the Goods & Services segment
- Revenues of around EUR 100 million
- Closing expected in the fourth quarter of 2025
Munich, August 11, 2025 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire the crane business unit of Hyva. The transaction strengthens the Mutares Goods & Services segment as a new platform investment and is expected to close in the fourth quarter of 2025, subject to merger control approval.
The crane business unit of Hyva is an internationally established manufacturer and distributor of cranes and comprehensive services, designing, manufacturing and servicing truck-mounted cranes across key global markets under a multi-brand strategy. The company generates approx. EUR 100 million in revenues and employs around 400 staff. It has production and assembly plants in Italy, Brazil and China, and a global network of sales and distribution offices to ensure local delivery and customer support. The company’s product portfolio supports multiple industries, such as commercial and residential construction, infrastructure, marine equipment and more, ensuring the needed flexibility, whilst providing cost-efficiency and optimal price-performance balance.
With its diversified brand portfolio, profound engineering experience in compact and mid-size crane applications, and its exceptionally well-established global footprint, the company generates substantial value within its niche and taps into high growth potential in emerging and developed markets, further strengthening its global market position.
Johannes Laumann, CIO of Mutares, comments: “The crane business unit of Hyva is a very promising new platform for our Goods & Services segment with a globally recognized brand in truck-mounted cranes. The business presents a turnaround and carve-out opportunity due to recent financial underperformance and operational inefficiencies. With our proven expertise in carve-outs and restructuring, we aim to restore profitability and drive sustainable growth. With a hands-on approach and long-term investment strategy, we see the company as a valuable addition to the Mutares portfolio.”