About Hiab
Hiab is a company based in Malmo (Sweden) founded in 1944 was acquired by Mycsamulder in November 2023.. Hiab has completed 6 acquisitions, including Argos Guindastes, Damen Hydrauliek and Effer. Hiab offers products and services including Loader Cranes and Spare Parts.
- Headquarter Malmo, Sweden
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Hiab Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$405.99 K (USD), Grant
Jan 01, 2020
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Argos Guindastes
& 5 more
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Acquired by
Mycsamulder
(Nov 03, 2023)
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Products & Services of Hiab
Hiab offers a comprehensive portfolio of products and services, including Loader Cranes and Spare Parts. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Loader cranes are utilized for lifting and loading tasks in industrial settings
Spare parts are supplied for the maintenance of load handling equipment
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Senior Team
27 people
Software Development Team
25 people
Leadership Team
19 people
Finance and Accounting
14 people
Sales and Marketing
14 people
Product Management Team
11 people
R Team
10 people
Human Resources and Administration
8 people
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Funding Insights of Hiab
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $405,989
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First Round
First Round
(01 Jan 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2020 | Amount | Grant - Hiab | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Hiab
Hiab has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Mycsamulder. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Sells and services machinery for recycling, mining, and forestry industries worldwide.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Hiab
Hiab has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Argos Guindastes, Damen Hydrauliek and Effer. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Machinery equipment manufacturing services are provided worldwide.
|
2011 | ||||
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Manufacturer of articulated loader cranes
|
2002 | ||||
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Provider of waste equipment
|
1992 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Hiab
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hiab Comparisons
Competitors of Hiab
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Hiab
When was Hiab founded?
Hiab was founded in 1944 and raised its 1st funding round 76 years after it was founded.
Where is Hiab located?
Hiab is headquartered in Malmo, Sweden.
What does Hiab do?
Founded in 1944 in Malmo, Sweden, the company operates as a global leader in on-road load handling equipment and solutions for the land transport and delivery sectors. Intelligent services, along with smart and connected technologies, are supplied to support customer operations. An official webshop is maintained for the delivery of original spare parts, ensuring reliability in maintenance needs.
What products or services does Hiab offer?
Hiab offers Loader Cranes and Spare Parts.
How many acquisitions has Hiab made?
Hiab has made 6 acquisitions, including Argos Guindastes, Damen Hydrauliek, and Effer.
Who are Hiab's investors?
Hiab has 2 investors. Key investors include European Union, and Mycsamulder.