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Hiab Strategic Dealer Partnership with Ring Power

Business |Mergers & Acquisition

Hiab has signed a strategic dealer agreement with Ring Power Utility in the US for the supply of HIAB loader cranes and related services.

856 views | Date: December 16, 2024

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Hiab Strategic Dealer Partnership with Ring Power
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Florida, USA - Hydrauliska Industri AB (Hiab)., a loader equipment manufacturer, has entered into a strategic dealer agreement with Ring Power Utility | Truck | Crane., a utility equipment manufacturer. The agreement comprises HIAB loader cranes, as well as services. Hiab loader cranes are recognized in the US for their exceptional quality, reliability, and industry-leading safety features. Hiab also boasts an unmatched service network with over 700 service points nationwide.

Mr. Mike Beauregard, SVP, Director of Ring Power Utility | Truck | Crane, said, “This partnership represents an exciting new chapter. By combining HIAB’s industry-leading products with our strong salesforce, established network, and unwavering commitment to customer satisfaction, we’re confident in a bright future together.”

Mr. Pauliina Kunvik, SVP Sales & Services, Hiab USA, said, “Hiab is looking for future growth, and an important part of that is to further expand our leading position in the growing North American markets. The cooperation that we now embark on with Ring Power Utility | Truck | Crane will greatly support our ambitions. Ring Power Utility | Truck | Crane is strategically very well positioned in the US and their sales and services organisations are well-known for their enthusiasm and expertise.”

Mr. Bob Cannady, VP Sales, Hiab USA, said, "The geographical coverage of Ring Power Utility | Truck | Crane is excellent and from Hiab growth point of view very attractive. Both teams Ring Power and Hiab show a 100 percent commitment to the cooperation, and are excited to head towards joint growth together."

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