Middle Eastern move for Hiab

By Laura Hatton30 September 2014

Hiab, part of Cargotec, has signed an agreement with Gavelås Förvaltning to have a long-term distribution partnership in the Middle East.

As a part of the transaction Hiab will sell Hiab Middle East LLC to Gavelås Förvaltning for an undisclosed sum. Greger Jacobson, Gavelås Förvaltning managing director, has worked within Cargotec for ten years.

Greger Jacobson said, “I'm really looking forward to this opportunity as well as working with the dedicated and skilled team that we have in Middle East. We will further strengthen our local presence and are dedicated to continue the growth of the Hiab business in the area, providing excellent service and support to our customers and partners.”

Carl Gustaf Göransson, Hiab senior vice president of sales and markets, said, “By developing a long-term relationship with committed and experienced partners Hiab is able to grow its presence and customer service in an important market. Partnering with strong distributor partners in key markets is one of the cornerstones in growing our business successfully.”

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