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Hiab Acquires Leading Brazilian Crane Manufacturer ING Cranes, Strengthening Its Presence in the Brazilian Market
ByAinvest
Wednesday, Nov 26, 2025 2:02 am ET1min read
Hiab has acquired leading Brazilian crane manufacturer ING Cranes, strengthening its position in the Brazilian market. ING Cranes has a revenue of around €50 million and employs 250 people. The acquisition will enhance Hiab's market share and bring added value to customers and stakeholders. The deal is expected to be completed in early 2026.
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