(IN BRIEF) Hiab Corporation has agreed to acquire Labrie Environmental Group, a leading North American refuse collection vehicle manufacturer, from Wynnchurch Capital and management minority shareholders for USD 1.035 billion on a cash and debt-free basis. The deal significantly strengthens … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Infrastructure & Utilities, Investment, Management, Marketing, Technology, Transportation & Logistics
Tagged acquisition, aftermarket parts and services, CANADA, cash generation, comparable EBITDA, conference call, Danske Bank A/S, dealer network, enterprise value, EUR 890 million, Hiab, Hiab Corporation, Hiab Enters Agreement to Acquire Labrie Environmental Group and Build New North American Growth Platform, Hiab Expands Refuse Collection Vehicle Capabilities Through USD 1.035 Billion Labrie Acquisition, Hiab Targets Growth in Waste and Recycling Sector with Acquisition of North American Market Leader Labrie Environmental Group, inorganic growth strategy, Labrie, Labrie Environmental Group, LabriePlus, Leach, Lévis, manufacturing sites, Mexico, Michael Eastabrook, Mikko Puolakka, Morgan Stanley & Co. International plc, Nasdaq Helsinki, North America, on-road load handling solutions, OP Corporate Bank, press conference, procurement synergies, Québec, RCV manufacturer, refuse collection vehicles, sales growth, sales synergies, Scott Phillips, side loader market, Sidley Austin LLP, smart and sustainable solutions, United States, USD 1.035 billion, waste and recycling, Wittke, Wynnchurch Capital
(IN BRIEF) Scania has launched The Electric Journey: An Optimisation Road Show, a four-month, 20,000km tour across 13 European cities showcasing six different electric truck models for applications ranging from urban delivery to refuse collection. Starting in Denmark and concluding … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Sweden, Technology, Transportation & Logistics
Tagged Alexandra Österplan, battery optimisation, charging strategies, e-mobility, electric trucks, electric vehicle adoption, European roadshow, Fleet Electrification, hooklift trucks, partnership, refuse collection vehicles, Scania, sustainable transport, The Electric Journey, tipper trucks, tractor trucks, urban delivery trucks, Zero-Emission Transport
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