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Hyva acquires USIMECA in Latin America

Alfen, Rhein, Netherlands, May 10, 2021 / US Department / – HYVA is a global leader in providing a loading and unloading hydraulic solution for commercial vehicles and environmental services industry, recently completed the acquisition of USIMECA75 percentage equity. The latter is an industry leader headquartered in the Latin American waste disposal solution in Brazil.

USIMECA BRUTUS

HYVA is unable to global and in the front end dumping solution industry in South America The controversial market leader produces cylinders, components and hinge cranes through their two factories in Brazil. The acquisition will also make the company’s garbage treatment in the South American market.

HYVA CEO Alex Tan said: “

USIMECA

The garbage

in Latin America has the largest business scope, because of its quality Products and application verified technologies to build cleaner and healthier towns. This company has become our

HYVA Part of the family, We provide the best waste disposal platform in the region, I am proud of this. After the acquisition, USIMECA is currently CEO (25% stock) CESAR Moreira will continue to serve as the company’s CEO. He said: “ I 35 percentage

of garbage Handling the market, through HYVA Buy we can expand the scale, seize the huge growth opportunities in Latin America . Rogerio de Antoni, Vice President Hyva Americas, said: Tong Increase our products, we can now meet the needs of a rapid growth environmental service industry. The preliminary feedback of the market is exciting, so we expect business in Latin America to further increase .

It is expected that by 2025, global waste management business will reach approximately $ 485 billion (Source: ReportBuyer). HYVA’s garbage disposal solution business is expected to grow in two years in the next few years. Rate growth.

Products designed by USIMECA will export to the rest of the world. HYVA’s garbage disposal and container handling solutions will be provided in Latin America. Hyvy and USIMECA will share the best way in manufacturing process. 123] HYVA provides solutions for more than 20,000 customers through 4 business lines: dumping solutions, cranes, containers handling solutions and waste disposal solutions. It is a global leader in the front-end dumping cylinder industry, accounting more 40 percentage global market share. The company’s business has more than 3,500 employees. The Group has more than 30 subsidiaries, sales and service networks in Europe, Asia, America, and the Middle East and Africa, and is covered in Brazil. China, Germany, India and Italy have 12 facilities. It has a wide range of after-sales networks in 26 states in Brazil. USIMECA was established in Brazil in 1920, Latin America has four production facilities, located in Brazil, Mexico and Chile. The company produces urban cleaning equipment, providing quality solutions for solid waste transportation and mechanized street cleaning.

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