09.04.2025
April 1st marked an exciting milestone - Hiab is now an independent, publicly listed company. This change gives us greater agility, sharper customer focus and the flexibility to innovate faster, all while continuing to serve you with the same dedication and excellence you expect.
Our structure remains the same and so does our strong partnership with you. Our vision is unchanged - to be your number one partner in smart and sustainable load handling solutions. Independence means faster decision-making, increased flexibility and an even stronger commitment to delivering the products, services and support that drive your success.
Sustainability and innovation remain at the heart of what we do. As a 1.5°C company and a leader in sustainable load handling, we continue to support your environmental goals through low-emission material sourcing and an expanding eco portfolio. At the same time, we are investing in next-generation solutions that improve performance, safety and efficiency - from electrification to advanced control systems and data-driven services designed to maximize uptime and productivity.
For you, this transition will be seamless. While Hiab is now a standalone publicly listed company, in practice, this is simply a name change from Cargotec to Hiab. Our relationships, commitments and operations remain the same.
With over 80 years of pioneering experience, we are proud to move forward as an industry leader and innovator and we are excited to continue this journey together with you. Scott Phillips, our President, now leads Hiab as CEO, ensuring continuity in our leadership and strategic direction.
The future is bright and we are excited about the opportunities ahead. Most importantly, we remain committed to helping you grow and succeed - because our success is built on yours. Thank you for your trust and partnership. The best is yet to come!
This press release is an original publication of Hiab Partner Newsletter.