Latest news from Heavy Lift & Project Forwarding International Magazine

Hiab completes Effer acquisition

Hiab, has acquired knuckle-boom crane manufacturer Effer from CTE Group for an enterprise value of EUR50 million (USD57.1 million).

Italy-headquartered Effer's product range includes truck loader cranes, special application truck cranes and marine cranes, as well as heavy-duty cranes with a lifting capacity over 100 tonnes.

The manufacturer will join Hiab’s global cranes organisation and will continue to operate under the Effer brand. Lorenzo Cipriani will continue as managing director Effer and will report to Joakim Andersson, senior vice president cranes at Hiab.

www.hiab.com

www.cargotec.com

Heavy Lift | News

Noatum in MIQ takeover thumbnail image

Noatum in MIQ takeover

March 22 - Noatum Logistics has signed a definitive agreement to acquire USA-based MIQ Logistics. The agreement is expected to close in the coming weeks. 
Views: 925
CMA nears 90 percent stake in Ceva thumbnail image

CMA nears 90 percent stake in Ceva

March 19 - France-headquartered container shipping line CMA CGM is on course to control 89.47 percent of the shares in Swiss freight forwarder Ceva Logistics following a public tender.
Views: 887

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