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].

Core Points - Hiab Corporation announced an update on the closing timetable for the sale of its MacGregor business to funds managed by Triton, with the transaction subject to regulatory approvals [1] - Regulatory approvals have been obtained from various jurisdictions, including the European Union, but approval from the Chinese State Administration for Market Regulation (SAMR) is still pending [2] - The closing of the transaction is now expected by 1 October 2025, which is later than the initially expected date of 1 July 2025 [2] - MacGregor has been reported as part of discontinued operations since the fourth quarter of 2024, and the updated closing timetable is not expected to have a significant financial impact on the company [3] Company Overview - Hiab is a leading provider of smart and sustainable on-road load handling solutions, with a commitment to delivering the best customer experience [3] - The company has a global presence with an extensive network of 3,000 own and partner sales and service locations, enabling delivery to over 100 countries [3] - Hiab's continuing operations sales in 2024 totaled approximately EUR 1.6 billion, and the company employs over 4,000 people [3]