JavaScript Required

Jumpseat Aerospace News requires JavaScript to function. Please enable JavaScript in your browser settings to continue.

Hiab Acquires Labrie for $1B in North America Expansion

March 26, 2026

2 min read

Key Takeaways

Hiab acquires Labrie for $1.035 billion.
Labrie generated $491 million in sales in the last 12 months.
The deal is expected to close in Q3 2026.
Labrie's EBITDA margin is 23%, higher than Hiab's existing operations.

Silver membership required Upgrade to Silver to access Key Takeaways.

Upgrade

Strategic Implications

This acquisition may indicate Hiab's strategic shift towards diversifying its revenue streams away from cyclical markets. The deal could provide Hiab with stable margins and predictable revenue, which suggests a positive impact on its financial performance. The expansion into the North American market may also indicate Hiab's confidence in the region's growth potential.

Silver membership required Upgrade to Silver to access Strategic Implications.

Upgrade

What Happened

Finnish Load-Handling Equipment Maker Expands Refuse Truck Business

Finnish load-handling equipment maker Hiab has agreed to acquire North American refuse truckmaker Labrie Environmental Group for $1.035 billion. The deal is expected to close in the third quarter of 2026, subject to regulatory approvals. Labrie generated $491 million in sales in the last 12 months, with a comparable EBITDA margin of 23%. The acquisition is part of Hiab’s strategy to expand its foothold in the North American market and diversify its revenue streams. This move was first reported by Automotive World.

Source

Companies Mentioned