IFLR1000

Hiab €50 million acquisition of Effer

6/11/2018
Private acquisition
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€ 50 million

$ 55.384 million

Completed

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)

Lawyer: Fabrizio Scaparro

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