Hiab to acquire Swedish valve and remote control maker Olsbergs

Hiab agreed to buy the family-owned Swedish industrial group Olsbergs, which makes hydraulic valves and remote controls for its loader cranes. The closing is set for 1 January 2023, and all 100 Olsbergs employees will join Hiab. The value was not disclosed.

“Hiab has entered into an agreement to buy the family-owned Swedish industrial group Olsbergs, which designs and manufactures the hydraulic valves and remote controls used in Hiab's truck-mounted loader and forestry cranes.”cranehotline.com

• 1 source
• cranehotline.comHiab to Buy Valve and Remote Control SupplierDec 28, 2022

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