Hiab Corporation is moving forward with the final stages of its planned divestment of MacGregor, having now received all required regulatory approvals. The company expects the transaction to officially close on 31th of July.
The sale, first announced in November 2024 involves the transfer of the MacGregor business to investment funds managed by Triton.
Earlier this month, Hiab confirmed that all approvals were in place except for one pending green light from China’s State Administration for Market Regulation (SAMR).
All regulatory approvals have now been secured.
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