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Italian crane manufacturer Fassi acquired 100% ownership of Cranab Group, which includes Cranab, Vimek, and Bracke Forest, by purchasing Hans Eliasson's shares. Fassi had held part-ownership since 2013 and now aims to develop Cranab's product range with truck-mounted timber and recycling cranes.
Swedish forestry machine manufacturer Vimek won its largest order ever: 126 machines (74 harvesters and 52 forwarders) worth 160 million SEK from the Belarusian state forestry company State Forest Enterprises. The order will double production, requiring eight new hires and production line reorganization.