Latest Hiab News & Updates

See the latest news and media coverage for Hiab. We track all announcements, press releases, and industry mentions in real time, all in one place.

Hiab

Smart load handling solutions provider

hiabgroup.com

Headquarters: Helsinki, Finland
Founded year: 1944
Company type: Private company
Number of employees: 1,500–5,000
Industry: Heavy Machinery & Vehicles

Last updated Today

Latest news about Hiab

In short: Hiab achieved strong Q2 2026 financial growth, completed a major $1 billion acquisition, and expanded its global production and sales.

Company announcements

July 22 Hiab

Hiab's Q2 orders increased by 16 percent

Comparable operating profit grew to EUR 61 million, sales stable, and 2026 outlook raised to above 14.5% margin.

July 1 Hiab

Hiab completes the acquisition of Labrie Environmental Group

The USD 1,035 million deal includes Michael Eastabrook joining the leadership team.

July 1 Hiab

Hiab establishes a new incentive plan for key employees

The Integration Performance Share Programme 2026–2028 offers up to 150,000 shares to up to 15 employees based on integration milestones and financial targets.

June 25 Hiab

Hiab launches all-new MULTILIFT Optima range

The range doubles the 20- and 25-tonnes capacity lineup from 2 to 4 solutions, including S-Type and Z-Type models.

Media coverage

July 21 The Globe and Mail

Hiab's Earnings Call: Orders Surge, Margins Tighten

Hiab Corporation () has held its Q2 earnings call. Read on for the main highlights of the call. Claim 55% Off TipRanks. Unlock powerful investing...

July 1 Kauppalehti

Labrie Environmental Group acquisition completed, Michael Eastabrook appointed to Hiab's management team

Hiab has today completed the acquisition of leading refuse truck manufacturer Labrie Environmental Group ("Labrie"), which was announced on 1 June 2026 ("Transaction"). The transaction significantly strengthens H...

June 26 Forestry Journal

Hiab to expand production facility in Finland | Forestry Journal

The expansion will modernise Hiab's production and office facilities in Raisio.

June 25 The Globe and Mail

Hiab Corporation Balances Headwinds With Margin Upgrade

Hiab Corporation () has held its Q1 earnings call. Read on for the main highlights of the call. Meet Samuel - Your Personal Investing Prophet...

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