(IN BRIEF) Hiab has finalized its acquisition of Brazilian crane manufacturer ING Cranes, expanding its presence and strengthening its loader crane portfolio in Brazil. The acquired business, which reported sales of around EUR 50 million in 2024, will be included … Read the full press release
Posted in Business, Finland, Industrial, Investment, Management, News, Transportation & Logistics
Tagged acquisition completion, agriculture equipment, Brazil market expansion, construction equipment, global load handling solutions, heavy-duty cranes, Hiab, Hiab Expands Presence in Brazil Through Strategic Acquisition of ING Cranes, Horacio Bregoli, ING Cranes, light duty cranes, loader cranes, Marcel Boxem, Nasdaq Helsinki, rental industry, transportation solutions
(IN BRIEF) Hiab has signed an agreement to acquire Brazilian crane manufacturer ING Cranes, a deal that significantly reinforces its presence in the Brazilian loader crane market. ING Cranes, founded in 2010 and generating about EUR 50 million in 2024 … Read the full press release
Posted in Business, Finland, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged 2026 expected closing, acquisition, Acquisition of ING Cranes positions Hiab to lead Brazil’s loader crane segment, agriculture construction transport rental sectors, Brazil loader crane market, Crane manufacturer, heavy-duty cranes, Hiab, ING Cranes, Marcel Boxem, Scott Phillips, South America expansion, undisclosed transaction value
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