Regulatory approvals received for the sale of MacGregor, closing expected on 31 July 2025

Core Viewpoint - Hiab Corporation has received all necessary regulatory approvals for the sale of its MacGregor business, with the transaction expected to close on July 31, 2025 [1][2]. Group 1: Transaction Details - The agreement to sell the MacGregor business was initially announced on November 14, 2024, to funds managed by Triton [1]. - As of July 1, 2025, all regulatory approvals have been secured, except for the approval from the Chinese State Administration for Market Regulation (SAMR) [1][2]. - MacGregor has been classified as part of discontinued operations since the fourth quarter of 2024 [2]. Group 2: Company Overview - Hiab Corporation is a leading provider of smart and sustainable on-road load-handling solutions, with a commitment to delivering excellent customer experiences [2]. - The company operates globally, with a network of 3,000 sales and service locations, enabling delivery to over 100 countries [2]. - In 2024, Hiab's continuing operations generated sales of approximately EUR 1.6 billion and employed over 4,000 people [2].