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.

Metsä Board awarded Core Link AB a combined contract for new core and reel handling systems at its Husum mill to support a production increase of BM1 from 400,000 to 600,000 tonnes per year. Machine installations are scheduled from Q4 2022 through the end of 2023.

Kalmar, part of Cargotec, signed a comprehensive three-year cooperation agreement under which it takes full responsibility for log handling at Iggesund Paperboard's Iggesund mill, including equipment, operators, maintenance and software.

Patricia Industries agreed to acquire Piab from private equity firm EQT, as announced on 30 April 2018. The article gives no deal value or location details.