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

Manufacturer of load handling equipment and solutions

hiabgroup.com

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

Last updated October 27

Latest news about Hiab

In short: Hiab completed the $1.035 billion Labrie acquisition and reported record Q3 2026 growth with strong organic order momentum.

Company announcements

October 27 Hiab

Hiab parent Cargotec releases 2017 annual review

Cargotec reports record operating profit and strong Hiab growth driven by digital products and services expansion.

October 27 Hiab

Cargotec outlines strategic separation of Kalmar and Hiab to unlock shareholder value

The company plans to list Kalmar on July 1st after AGM approval. Hiab will become a global load handling specialist. This structure aims to enhance agility and growth for both entities.

October 27 Hiab

Cargotec reports financial review 2019 results

Sales increased 11% to EUR 3.7 billion, driven by Hiab and Kalmar growth.

October 23 Hiab

Hiab reports strong Q3 growth

EVS acquisition drives profit gains. Sales rise 39%. Eco sales increase 15%. Cash flow reaches EUR 98 million.

Media coverage

October 21 Arvopaperi

Hiab's result fell short of expectations - Focus on integrating the acquisition | Arvopaperi

Hiab aims for annual synergies of over EUR 12 million from its July acquisition of Labrie, i.e., the Environmental Vehicle Solutions business, starting in 2029.

August 5 Yahoo Finance

Hiab Oyj (HIAB.HE) Q1 FY2026 earnings call transcript

Earnings call Hiab delivered a solid Q1 2026, with organic order intake up 7% in constant currency and a sequential improvement in comparable operating profit...

July 21 Talouselämä

Hiab delivered impressive order figures - Raises its guidance

The company that manufactures load handling equipment carried out a significant corporate acquisition in North America during the review period.

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...

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