Finland’s Hiab to buy Quebec-based garbage truck maker Labrie for $1-billion
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Article Excerpt
Finland’s Hiab to buy Quebec-based garbage truck maker Labrie for $1-billion
REUTERS
PUBLISHED JUNE 1, 2026
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On-road load-handling equipment maker Hiab has agreed to buy North American garbage truck manufacturer Labrie Environmental Group for about US$1-billion, the Finnish company said on Monday.
The acquisition, which is expected to strengthen cash generation immediately after the deal is closed, drove the company’s shares 7-per-cent higher in early tradi…
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