Hiab is the global market leader in on-road load handling
Hiab is one of the most well-known brands in the world of load handling. It keeps everyday life moving by unlocking the full potential of load handling in its customers’ businesses.
Hiab sees load handling as a major contributor to industrial productivity. Hiab’s vision is to be the number one partner in global on-road load-handling, inspiring and shaping the industry; its mission is to to keep everyday life moving by unlocking the full potential of load handling in our customer’s businesses. The pioneering spirit of Hiab, being reliable and caring, are foundations of how Hiab works and stands for. With operations in more than 100 markets, Hiab has a truly global perspective.
The roots of Hiab global load handling business are deep in the Swedish engineering industry of the 1940s. Eric Sundin, a Swedish ski manufacturer and inventor, discovered how to use a truck engine to power loader cranes with the help of hydraulics. In 1944, he established the Hydrauliska Industri AB (Hiab).
At Cargotec, the foundations of Hiab business area were laid in 1977 when Partek Corporation bought Multilift Group. The acquisition marked the beginning of a series of investments within the engineering industry.
Eight years later, in 1985, Partek acquired Hydrauliska Industrier Ltd (Hiab) and Jonsered forestry cranes. At the time, Swedish Hiab was one of the leading producers of loader cranes in the world. A couple of years later Partek strengthened its forestry crane expertise by acquiring that particular business line from Fiskars.
The next major moves within the load handling business took place during the next millennium when the company bought tail lift operations from Waltco and Zepro. The truck-mounted forklift producers Moffett, Kooi, Princeton and a producer of container spreaders, Bromma, were also acquired in 2000. Two years later, Bromma was transferred from the load handling to container handling business.
In 2002, KONE Corporation acquired Partek and KONE Cargotec was established, and three years later a demerger resulted in a new listed company, Cargotec. Since 2004, Hiab has been the name for the whole load handling business in Cargotec. In 2008, the DEL UK tail lift business became part of the Hiab product range.
In 2013, Cargotec established a joint venture with China National Heavy Duty Truck Group Co., Ltd (CNHTC), a leading Chinese manufacturer of heavy duty trucks and the parent company of Sinotruk. This will enable Cargotec to expand its presence in the Chinese load handling market.
In 2017, Hiab acquired the loader crane business of Argos Guindastes Indústria e Comércio Ltda, one of Brazil’s leading loader crane manufacturers. With the acquisition, Hiab made a strong entrance to the Brazilian market and established a solid foundation for its business in the whole region.
During its history Hiab has grown into the leading provider of a full range of on-road load handling equipment and intelligent services. Today Hiab's offering encompasses class-leading load handling equipment, including HIAB loader cranes, LOGLIFT and JONSERED forestry and recycling cranes, MOFFETT truck mounted forklifts, MULTILIFT demountables, and tail lifts under ZEPRO, DEL, and WALTCO brands. Hiab's ProCareTM service, award-winning HiVisionTM crane control system, and HiConnectTM platform demonstrate its constant drive to provide intelligent services and connected solutions that add value to our customers.