Hiab expands

Over the last two years, Hiab has been expanding its loader cranes portfolio, most recently renewing its light range cranes in May this year. The acquisition of Effer, which has an enterprise value of EUR 50 million (A$78.83 million), will complement Hiab’s loader cranes range and expand the company’s selection of heavy cranes, particularly in the >100tm segment, which Effer is known for.
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