{"id":21972,"date":"2025-12-04T05:00:06","date_gmt":"2025-12-04T05:00:06","guid":{"rendered":"https:\/\/projectcargoglobal.com\/?p=21972"},"modified":"2025-12-02T11:44:04","modified_gmt":"2025-12-02T11:44:04","slug":"hiab-agrees-to-acquire-ing-cranes","status":"publish","type":"post","link":"https:\/\/projectcargoglobal.com\/?p=21972","title":{"rendered":"Hiab agrees to acquire ING Cranes"},"content":{"rendered":"

Hiab, a leading provider of smart and sustainable on-road load handling solutions, has entered into an agreement to acquire ING Cranes, a leading Brazilian crane manufacturer. <\/strong><\/p>\n

This strategic move significantly enhances Hiab\u2019s presence in Brazil, complementing its current portfolio in the market.<\/p>\n

ING Cranes was founded in 2010. In 2024, the company reported sales of approximately EUR 50 million and today employs around 250 people.<\/p>\n

“The acquisition of ING Cranes is a logical step in Hiab’s growth strategy, and it aligns well with Hiab’s ambition to expand not only organically but also inorganically. Over its 15-year history, ING Cranes has demonstrated a strong track record of profitable growth. Therefore, we expect that, post-transaction, this will help us increase our overall market presence as well as our ability to deliver significant value for our customers and all external stakeholders,” says Hiab’s President and CEO Scott Phillips.<\/p>\n

\u201cThis acquisition brings together Hiab\u2019s global reach and broad loader crane offering with ING Cranes\u2019 strong local expertise and portfolio. With this, Hiab positions itself to become the leading loader crane provider in Brazil,\u201d says Marcel Boxem, VP Sales & Product Management, Hiab Loader Cranes, Heavy and Superheavy.<\/p>\n

The acquisition complements Hiab\u2019s current brand portfolio of loader cranes in Brazil. With this addition, Hiab offers a comprehensive range of loader cranes from light to heavy-duty, solidifying its position as a preferred solution provider for the Brazilian agriculture, rental, construction and transportation industries.<\/p>\n

The closing of the transaction is subject to customary closing conditions and is expected to take place in the beginning of 2026. The parties have agreed not to disclose the transaction value.<\/p>\n

 
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Hiab, a leading provider of smart and sustainable on-road load handling solutions, has entered into an agreement to acquire ING<\/p>\n","protected":false},"author":9,"featured_media":21973,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[1517,2423],"class_list":["post-21972","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","tag-hiab","tag-ing"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paPyrk-5Io","jetpack-related-posts":[{"id":22273,"url":"https:\/\/projectcargoglobal.com\/?p=22273","url_meta":{"origin":21972,"position":0},"title":"Hiab completes the acquisition of ING Cranes","author":"Project Cargo Global","date":"January 13, 2026","format":false,"excerpt":"Hiab has today completed the acquisition of the Brazilian crane manufacturer ING Cranes, announced on 26 November 2025. 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