Jul 31, 2018ACQUISITIONMinerbio, Italy, Italy Hiab acquires Effer loader cranes from CTE Group for EUR 50 million
Hiab, part of Cargotec, has agreed to acquire the Effer loader cranes business from CTE Group for an enterprise value of EUR 50 million. Effer is headquartered in Minerbio, Italy.
Productsloader cranesknuckle-boom cranestruck cranesmarine cranes
“This acquisition means a significant advancement for Hiab's ambition to be the global leader in cranes and the preferred partner for its customers.”globenewswire.com
- 5 sources
- globenewswire.comHiab strengthens its global leadership ambition in cranesHiab CorporationJul 31, 2018
- mhwmagazine.co.ukHiab strengthens its global leadership ambition in cranes by acquiring EFFER S.p.A from the CTE Group - Materials Handling World NewsDaniel WildJul 31, 2018
- forkliftaction.comForkliftaction News edition no. #883 from 2 Aug 2018 - email versionAug 2, 2018
- news.europawire.euCargotec’s Hiab to acquire the Effer loader cranes business from CTE Group for EUR 50 million | EuropaWireEuropaWire PR EditorsAug 2, 2018
Summarized from public sources; check the original articles before acting on it.
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