About Hyster-Yale
Hyster-Yale is a company based in Cleveland (United States) founded in 2012. The company has 8,500 employees. 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 8,500
- Stage Public
- SectorsIndustrial Goods & ManufacturingTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website hyster-yale.com
- Social LinkedIn
- Legal Name Hyster-Yale, Inc.
- Annual Revenue₹91.55 Cr
FY 2025 · +25% YoY
- Net Profit₹9.00 Cr
FY 2025 · 10% margin
- EBITDA₹15.37 Cr
FY 2025 · 17% margin
- Latest Funding Round$195.32K (USD), Grant
Mar 2019
- Investors
- Employee Count8,500
- Investments & AcquisitionsBolzoni Group
& 1 more
Associated legal entities of Hyster-Yale
Hyster-Yale operates through Hyster-Yale Lift Trucks India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Hyster-Yale Lift Trucks India Private Limited CIN U29299PN2005PTC020630 | Active | 27 Apr 2005 | Pune, Maharashtra | ₹91.6 Cr | 322 | 5 | View details |
Funding Insights of Hyster-Yale
- Total Rounds 2
- Last Round Grant — $195,316
- First Round $200M
(Mar 2018)
- Investors Count 1
All 2 funding rounds of Hyster-Yale with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2019 | $195,316 | Grant | – | – | |
| Mar 2018 | $200M | Debt – Conventional | – | – | – |
1 investors in total: 1 institutional.
Investors in Hyster-Yale
Hyster-Yale has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Hyster-Yale
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Board of directors of Hyster-Yale Lift Trucks India Private Limited (Hyster-Yale)
Hyster-Yale Lift Trucks India Private Limited is the primary company behind Hyster-Yale. The board of Hyster-Yale Lift Trucks India Private Limited currently have 5 directors; the longest-serving is Gopichand Somayajula, appointed in 2005. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gopichand Somayajula DIN 00498195 | Director | 27 Apr 2005 | 21 yrs 5 mo | Hyster-Yale Lift Trucks India Private Limited |
| David Jon Vander Aarde DIN 01792870 | Director | 27 Apr 2005 | 21 yrs 5 mo | Hyster-Yale Lift Trucks India Private Limited |
| Rajesh Ramesh Wazarkar DIN 01754672 | Managing Director | 07 Oct 2010 | 16 yrs | Hyster-Yale Lift Trucks India Private Limited |
| Adam Christopher Algor DIN 07782055 | Director | 21 Apr 2017 | 9 yrs 5 mo | Hyster-Yale Lift Trucks India Private Limited |
| Brian Andrew Jennings DIN 08714185 | Director | 02 Mar 2020 | 6 yrs 7 mo | Hyster-Yale Lift Trucks India Private Limited |
People of Hyster-Yale
534 people are tracked at Hyster-Yale (130 in leadership, 13 in board & advisors, 391 in team); the tracked headcount is 8,500.
| Name | Role | Group |
|---|---|---|
Colin Wilson | CEO | Leadership |
Tony Unsworth | Vice President Aftermarket, Service And Fleet Asia, Pacific And India | Leadership |
Cindy Batten | Senior HR Business Partner | Leadership |
Gregory J. Breier | Vice President, Tax | Leadership |
Roberto Scotti | President & CEO Bolzoni S.p.A. | Leadership |
Vincenzo Gatto | President, JAPIC | Leadership |
Rajiv K. Prasad | President & CEO | Leadership |
Anthony J. Salgado | COO | Leadership |
Tracy S. Hixson | VP, Global Supply Chain | Leadership |
Jeremiah Kappler | Director Major Account Sales | Leadership |
Stewart D. Murdoch | SVP, Managing Director, Europe, Middle East and Africa | Leadership |
Chanel Bowman | HR Business Partner II | Leadership |
Rodney Wilson | Global Director, Manufacturing - New Products | Leadership |
Mike Shao | Head Of It, Asia Pacific, India And China | Leadership |
Alex Sakowski | Director Of Product Management | Leadership |
Jennifer M. Langer | VP, Controller & CAO | Leadership |
Dena McKee | Vp, Corporate Controller And Chief Accounting Officer | Leadership |
Graziano Calvi | Chief Accountant & Reporting Supervisor | Leadership |
Charles F. Pascarelli | SVP & President, Americas | Leadership |
Stephen J. Karas | SVP, President APIC | Leadership |
514 more people are available in the full profile.
Complete people profiles for Hyster-Yale
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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.
- IPO date28 Sep 2012
- Listed onNYSE: HY
- Listed entityHyster-Yale, Inc.
- Exchange sectorProducer manufacturing
- ISINUS4491721050
- Share price$32.34 (-0.46% on the day) · 2026-10-09
- Market capitalisation$579.9M
- Price to earnings194.3
- EPS (diluted, trailing year)$-6.57
- Dividend yield4.46%
- Volume (last session)118,750
Financials of Hyster-Yale
Figures of Hyster-Yale Lift Trucks India Private Limited, the primary company behind Hyster-Yale, for FY 2025. Revenue was ₹91.55 Cr (+25% year on year). Net profit was ₹9.00 Cr (10% margin). EBITDA was ₹15.37 Cr (17% margin). Revenue has grown at a compounded annual rate of +29% over three years and +23% over five years.
- ₹91.55 CrRevenue · FY 2025 · +25% YoY
- ₹9.00 CrNet profit · 10% margin
- ₹15.37 CrEBITDA · 17% margin
- ₹1 LakhPaid-up capital
- 322Employees (provident fund records)
- +29%Revenue CAGR, 3 years
- +23%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $3.77B | -$60.1M | $63.3M |
| 2024 | $4.31B | $142.3M | $358.5M |
| 2023 | $4.12B | $125.9M | $297.3M |
| 2022 | $3.55B | -$74.1M | $74.6M |
| 2021 | $3.08B | -$173.0M | -$31.9M |
Balance sheet, profit and loss, cash flow and ratios of Hyster-Yale Lift Trucks India Private Limited are on its company page.
Detailed financial statements for Hyster-Yale
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Manufacturer and supplier of forklift trucks | maxforklift.com | Hangzhou, China | 2006 | Dec 2017 | $90M | |
Forklift attachments, forks, and lift tables are manufactured and distributed. | bolzonigroup.com | Piacenza, Italy | 1945 | Feb 2015 | $60M |
Complete acquisition details for Hyster-Yale
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Timeline of Hyster-Yale
6 dated milestones of Hyster-Yale across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Hyster-Yale is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Bolzoni Group.
- Acquisition Acquires Maximal.
- Funding First funding round of $200.0M.
- Funding Latest funding round, Grant, of $195K.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| thirdwave.ai | 2018 | Union, United States | $82M | – | AI and cloud-driven automation is delivered for warehouse material handling. | |
| kiongroup.com | 2006 | Germany | $587.14M | 41,149 | Manufacturer of forklifts, warehouse equipment and other industrial trucks | |
| crown.com | 1960 | Feldkirchen, Germany | – | – | Forklift trucks are manufactured by Crown in Feldkirchen, Germany. | |
| agmobilerobots.com | 2018 | Chelmsford, United States | – | – | Automated guided vehicles are developed for industrial material handling applications. | |
| materialhandlinginnovators.com | 2017 | New York, United States | – | – | Produces high-quality forklifts for material handling applications. | |
| bisonhooklift.com | 2019 | Lewisburg, United States | – | – | Manufactures customized hook lift and roll off truck bodies for business applications. |
Detailed competitors of Hyster-Yale
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Web traffic of Hyster-Yale
The website of Hyster-Yale (hyster-yale.com) receives about 18.9K visits a month.
- Monthly visits18.9K
▲ 24.4% vs previous month
Websites whose visitors overlap most with Hyster-Yale. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| hyster-yalecareers.com | 100% | 680.7K | #4,333,128 | View details | |
| nacco.com | 77% | 3.1K | #5,794,424 | View details | |
fredricksoutdoor.com | fredricksoutdoor.com | 62% | – | #1,308,343 | – |
briggsequipment.us | briggsequipment.us | 62% | – | #1,497,488 | – |
thompsontractor.com | thompsontractor.com | 60% | – | #1,677,564 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 17 similar websites and full traffic analytics for Hyster-Yale
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- 17 similar websites
- Audience overlap
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Latest news on Hyster-Yale
Complete news archive for Hyster-Yale
Full article history, source details, and older brand coverage require an active premium plan.
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Similar companies to Hyster-Yale
10 companies that operate in the same segment as Hyster-Yale (Construction Equipment and Machinery), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial tools and equipment are supplied globally by Kennametal. | 1938 | Latrobe, Pennsylvania, United States | – | USD 1.97 B | 8,119 | |
Capital goods for agriculture and construction are manufactured by CNH. | 2012 | Basildon, Essex, United Kingdom | – | USD 18.1 B | 35,850 | |
Engineering and automation solutions are provided for diverse industries. | 1946 | Mumbai, Maharashtra, India | – | USD 30.48 B | 412,970 | |
Construction and industrial equipment is rented across North America. | 1983 | Fort Mill, South Carolina, United States | – | – | – | |
Construction machinery is manufactured and supplied by the group worldwide. | 1999 | China | – | USD 1.75 K | – | |
Tractors and mechanized off-highway equipment are manufactured. | 1837 | Moline, Illinois, United States | – | USD 45.63 B | – | |
Industrial tools and household hardware are manufactured. | 1843 | Baltimore, Maryland, United States | – | USD 15.13 B | 48,500 | |
Precision components are manufactured for various industries. | 1980 | West Fargo, North Dakota, United States | – | USD 2.43 B | 3,650 | |
Construction and mining equipment, engines, and locomotives are manufactured. | 1925 | United States | – | USD 67.59 B | 112,900 | |
Construction and mining equipment, engines, and locomotives are manufactured. | 1993 | United States | – | – | – |
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Frequently Asked Questions about Hyster-Yale
Hyster-Yale was founded in 2012 and raised its 1st funding round 6 years after it was founded.
Hyster-Yale is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.
Colin Wilson is the current CEO of Hyster-Yale.
Hyster-Yale has 8,500 employees.
The primary company behind Hyster-Yale, Hyster-Yale Lift Trucks India Private Limited, reported revenue of ₹91.55 Cr for FY 2025, up 25% year on year.
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.
Hyster-Yale's top competitors include KION Group, Third Wave Automation and Crown.
Yes, Hyster-Yale is publicly traded on NYSE under the ticker symbol HY.
Hyster-Yale has made 2 acquisitions, including Bolzoni Group, and Maximal.
Hyster-Yale has 1 investor. Key investors include European Union.
Hyster-Yale operates through Hyster-Yale Lift Trucks India Private Limited.
The legal entities of Hyster-Yale currently have 5 directors, including Gopichand Somayajula, David Jon Vander Aarde, Rajesh Ramesh Wazarkar and others.