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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

Tschudi delivers for Belgian paper mill thumbnail image

Tschudi delivers for Belgian paper mill

August 22 - Tschudi Logistics has coordinated the delivery of five digesters and a liquor accumulator for Burgo Ardennes’ paper mill in Belgium.
Views: 203
ECOL gets certified thumbnail image

ECOL gets certified

August 21 - The European association of abnormal road transport and mobile cranes (ESTA) said that its European Crane Operators’ Licence (ECOL) has been awarded ISO 9001-2015 certification.
Views: 292

Heavy Lift Across The World

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