JOST Werke SE, a global supplier of safety- and mission-critical systems for the commercial vehicle industry, has signed a business transfer agreement to sell its Indian tipper body operations to Belrise Industries Limited. The transaction, expected to close in the fourth quarter of 2026, marks a strategic step in JOST’s portfolio refinement following its acquisition of Hyva in February 2025.
The divested business, which generates annual revenue of EUR 30 to EUR 40 million and an EBITDA of about EUR 1 million, will be sold for approximately EUR 5 million. The completion of the deal, subject to customary regulatory approvals and conditions, will not materially impact JOST’s fiscal year 2026 outlook, which the company has confirmed.
Joachim Dürr, CEO of JOST Werke SE, emphasized the strategic rationale: “This divestment is a further step in aligning our portfolio with our long-term strategy for profitable growth. It allows us to focus even more strongly on the core hydraulic and tipping solutions offered under the Hyva brand and to direct our R&D capabilities toward mission-critical systems.”
The move reduces JOST’s vertical integration and enhances operational flexibility in India, allowing the company to concentrate on its core competencies: tipping cylinders, hydraulic components, and digital tipping systems. This focus is part of JOST’s broader strategy to strengthen its position in the commercial vehicle industry, leveraging its global brands including JOST, ROCKINGER, TRIDEC, Quicke, and Hyva.
Shrikant Badve, Managing Director of Belrise Industries, expressed enthusiasm about the acquisition: “We are pleased to welcome Hyva’s India Tipper Body Business into the Belrise family. The business has established a strong reputation in the Indian commercial vehicle market and represents a compelling strategic fit for Belrise, complementing our manufacturing and engineering capabilities. We are committed to investing in its future growth while ensuring seamless continuity for customers, employees, suppliers, and business partners throughout the transition, in collaboration with JOST.”
This divestiture underscores JOST’s commitment to optimizing its portfolio and focusing on high-growth, mission-critical systems. By divesting the tipper body business, JOST can allocate more resources to research and development in its core hydraulic and tipping solutions, potentially driving innovation and market leadership. For Belrise, the acquisition expands its manufacturing and engineering footprint in the Indian commercial vehicle sector, offering new growth opportunities.
The transaction is expected to close in Q4 2026, and both companies are working to ensure a smooth transition for all stakeholders. JOST’s outlook for fiscal year 2026 remains unchanged, reflecting the minimal impact of the divestment on its overall financial performance.
For more information about JOST and its products, visit JOST’s website.
