Hyster-Yale

Cleveland, United States Founded: 2012 • Age: 14 yrs
Lift trucks and aftermarket parts are manufactured by Hyster-Yale.
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About Hyster-Yale

Hyster-Yale is a company based in Cleveland (United States) founded in 2012.. The company has 8,500 employees as of December 31, 2024. Hyster-Yale has completed 2 acquisitions, including Bolzoni Group and Maximal. Hyster-Yale operates in a competitive market with competitors including Third Wave Automation, KION Group, Crown, AutoGuide and Material Handling Innovators, among others.

  • Headquarter Cleveland, United States
  • Employees 8500 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Hyster-Yale, Inc.
Operational Areas
Industrial Goods & Manufacturing → Industrial Equipment & Machinery
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering
Key Metrics
  • Annual Revenue
    $4.31 B
    4.61
    as on Dec 31, 2024
  • Net Profit
    $142.3 M
    13.03
    as on Dec 31, 2024
  • EBITDA
    $358.5 M
    20.59
    as on Dec 31, 2024
  • Latest Funding Round
    $195.32 K (USD), Grant

    Mar 01, 2019

  • Investors
  • Employee Count
    8500

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Hyster-Yale

Hyster-Yale is a publicly listed company on the NYSE with ticker symbol HY in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NYSE · Ticker: HY . Sector: Producer manufacturing · USA
People of Hyster-Yale
Headcount 1000-5000
Employee Profiles 522
Board Members and Advisors 13
Employee Profiles
People
Tony Unsworth
Vice President Aftermarket, Service And Fleet Asia, Pacific And India
People
Gopi Somayajula
SVP, Global Product Development
People
Gregory J. Breier
Vice President, Tax
People
Roberto Scotti
President & CEO Bolzoni S.p.A.

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Board Members and Advisors
people
Claiborne Rankin
Director
people
Alfred M. Rankin
Executive Chairman

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Funding Insights of Hyster-Yale

  • Total Funding
  • Total Rounds 2
  • Last Round Grant — $195,316
  • First Round

    (22 Mar 2018)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2019 Amount Grant - Hyster-Yale Valuation

investors

Mar, 2018 Amount Debt – Conventional - Hyster-Yale Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Hyster-Yale

Hyster-Yale has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Hyster-Yale

Hyster-Yale has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Bolzoni Group and Maximal. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Manufacturer and supplier of forklift trucks
2006
Forklift attachments, forks, and lift tables are manufactured and distributed.
1945
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Hyster-Yale

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Hyster-Yale Comparisons

Employees
+
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Competitors of Hyster-Yale

Hyster-Yale operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Third Wave Automation, KION Group, Crown, AutoGuide and Material Handling Innovators, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
AI and cloud-driven automation is delivered for warehouse material handling.
domain founded_year HQ Location
Manufacturer of forklifts, warehouse equipment and other industrial trucks
domain founded_year HQ Location
Forklift trucks are manufactured by Crown in Feldkirchen, Germany.
domain founded_year HQ Location
Automated guided vehicles are developed for industrial material handling applications.
domain founded_year HQ Location
Produces high-quality forklifts for material handling applications.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Hyster-Yale

When was Hyster-Yale founded?

Hyster-Yale was founded in 2012 and raised its 1st funding round 6 years after it was founded.

Where is Hyster-Yale located?

Hyster-Yale is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.

Who is the current CEO of Hyster-Yale?

Colin Wilson is the current CEO of Hyster-Yale.

How many employees does Hyster-Yale have?

As of Dec 31, 2024, the latest employee count at Hyster-Yale is 8,500.

What is the annual revenue of Hyster-Yale?

Annual revenue of Hyster-Yale is $4.31B as on Dec 31, 2024.

What does Hyster-Yale do?

Hyster-Yale was founded in 2012 and is headquartered in Cleveland, United States. Operations focus on the manufacturing of lift trucks and aftermarket parts within the material handling sector. Products are designed for industrial applications, with distribution occurring globally. Leadership is provided by CEO Colin Wilson, overseeing production and supply chain activities across North America and international markets.

Who are the top competitors of Hyster-Yale?

Hyster-Yale's top competitors include KION Group, Third Wave Automation and Crown.

Is Hyster-Yale publicly traded?

Yes, Hyster-Yale is publicly traded on NYSE under the ticker symbol HY.

How many acquisitions has Hyster-Yale made?

Hyster-Yale has made 2 acquisitions, including Bolzoni Group, and Maximal.

Who are Hyster-Yale's investors?

Hyster-Yale has 1 investor. Key investors include European Union.

What is Hyster-Yale's ticker symbol?

The ticker symbol of Hyster-Yale is HY on NYSE.

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