Core Points - Hiab has successfully closed the sale of its MacGregor business to Triton on 31 July 2025 after securing all necessary regulatory approvals [2] - The transaction was initially expected to close by 1 July 2025, but was delayed due to pending approval from the Chinese State Administration for Market Regulation [1][2] - MacGregor has been classified as part of discontinued operations from the fourth quarter of 2024 onwards [2] Company Overview - Hiab is a leading provider of smart and sustainable on-road load-handling solutions, with sales in continuing operations totaling approximately EUR 1.6 billion in 2024 [3] - The company operates a global network with 3,000 sales and service locations, enabling delivery to over 100 countries [3] - Hiab employs over 4,000 people worldwide [3]
Hiab has closed the sale of MacGregor
Globenewswire·2025-07-31 12:00