# Hiab agrees to acquire Brazilian crane manufacturer ING Cranes

Hiab signed an agreement to acquire ING Cranes, a leading Brazilian crane manufacturer. ING Cranes reported €50 million sales in 2024 and employs 250 people. The transaction is expected to close in early 2026.

- Type: Acquisition
- Announced: 2025-11-26
- Where: Brazil
- Status: announced
- Products: loader cranes
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Hiab](https://endata.com/companies/17730.md) (acquirer)
- [ING Cranes](https://endata.com/companies/88705.md) (target)

## Sources

- [hiab.com](https://www.hiab.com/en-sg/media/newsroom/hiab-has-signed-an-agreement-to-acquire-leading-brazilian-crane-manufacturer-ing-cranes-strengthening-hiabs-position-in-the-brazilian-market), 2025-11-26: "Hiab has signed an agreement to acquire leading Brazilian crane manufacturer ING Cranes, strengthening Hiab’s position in the Brazilian market."
- [freighthub.co](https://freighthub.co/hiab-agrees-to-acquire-ing-cranes/), 2025-12-04: "The acquisition of ING Cranes is a logical step in Hiab's growth strategy, and it aligns well with Hiab's ambition to expand not only organically but also inorganically."
- [manilatimes.net](https://www.manilatimes.net/2026/01/05/tmt-newswire/globenewswire/hiab-completes-the-acquisition-of-ing-cranes/2252528), 2026-01-05: "We are very pleased to welcome ING Cranes as part of Hiab."
- [bitvoxy.com](https://www.bitvoxy.com/hiab-completes-acquisition-of-brazilian-crane-manufacturer-ing-cranes/), 2026-01-16: "Hiab, a leading global provider of on-road load-handling solutions, today announced the successful completion of its acquisition of ING Cranes."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.