Hiab €50 million acquisition of Effer

6/11/2018

Private acquisition

Value:

€ 50 million

Dollar value:

$ 55.384 million

Status:

Completed

Date:

6/11/2018

Overview:

Hiab, the Swedish manufacturer of cranes, has acquired Effer, an Italian crane manufacturer, from CTE Group for €50 million.

Rajeeb Gurung

Jurisdictions:

Italy
Sweden

Deal type:

Private acquisition

Practice area:

M&A

Industry sectors:

Industrials and manufacturing
Construction and materials

Firm:

Giovannelli e Associati

Party: Hiab (Acquirer)

Related deals