JOST sells Hyva India tipper body business to Belrise for about EUR 5 million

Reuters2026/08/05 05:32

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JOST signed an agreement to sell Hyva’s tipper body business in India to Belrise Industries for about EUR 5 million.
Closing is expected in Q4 2026, subject to customary regulatory approvals.
The unit generates EUR 30 million to EUR 40 million in annual revenue, EBITDA of about EUR 1 million.
Deal supports a shift toward Hyva’s hydraulic tipping systems, including cylinders, components, digital solutions.
2026 outlook was reaffirmed, with no material impact expected from the transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. JOST Werke SE published the original content used to generate this news brief via EQS News (Ref. ID: corporate_2377156_de) on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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JOST sells Hyva India tipper body business to Belrise for about EUR 5 million

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