Hiab Completes ING Cranes Purchase

Hiab has completed the acquisition of Brazilian crane manufacturer ING Cranes — reported on our news page last month (December).

The acquisition significantly enhances Hiab’s presence in Brazil, complementing its current portfolio in the market.

The acquired operations will be included in Hiab’s financial reporting for the first time in the first quarter of 2026. ING Cranes’ sales in 2024 amounted to approximately $58 million. The parties have agreed not to disclose the transaction value.

“We are very pleased to welcome ING Cranes as part of Hiab. ING Cranes complements Hiab’s current brand portfolio of loader cranes in Brazil. With ING Cranes, 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,” says Marcel Boxem, VP Sales & Product Management, Hiab Loader Cranes, Heavy and Superheavy.

The acquisition significantly enhances Hiab’s presence in Brazil, complementing its current portfolio in the market.

“We are excited to join Hiab and take this step in expanding the presence of our products,” says Horacio Bregoli, CEO, ING Cranes.

“Becoming part of Hiab provides an opportunity for growth and innovation, and to join Hiab’s journey in shaping the future of this industry.”