3i helped transform Dutch group Hyva into the leading supplier of specialist hydraulic cylinders to Brazil, China and India, where they are often used on trucks and hoists for large infrastructure projects. 3i invested in Hyva in 2004, when it was a leader in hydraulic cylinders and tipping equipment in Europe for construction, mining and environmental services. Following its investment, 3i strengthened the company’s board and helped it become a truly international player. 3i supported the acquisition of Italian cranes business Amco Veba, aided with the development of a number of new product lines and led Hyva’s entry into emerging markets, including Brazil, China and India. As a result, sales trebled over six years. Hyva was sold to a consortium of Asian investors in 2011, recognising its new geographic focus.
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