Justification for Procurement
Well-defined acquisition and merger criteria
Hiab actively develops and maintains a pipeline of acquisitions and mergers. The goal of a potential acquisition would be to strengthen Hiab's portfolio and complement its offerings, enter new emerging markets, and seek growth in adjacent segments. Hiab has a strong balance sheet and cash flow generation ability to finance potential acquisitions.
Recent major acquisitions
Olsbergs (2022)
Galfab (2021)
Effer (2018)
Argos (2017)
Today's Hiab has been assembled through several acquisitions
The history of Hiab is based on innovation and leadership. Thanks to the first achievements in the field, our special brands often define the categories they create. We do not just react to the future of load handling; we actively shape it for key industries.
This commitment is evident in our advanced achievements, such as Connectivity, Data-driven service, Electrification, and VR training. These are not just buzzwords; they represent concrete solutions designed to optimize performance, enhance safety, and promote sustainability for our customers.
This future-oriented approach, deeply rooted in our rich heritage and profound understanding of our customers' evolving needs, positions Hiab to continue leading the way for years to come, offering the next generation of load handling solutions.