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.

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.