ING Cranes
ING Cranes is a Brazilian crane manufacturer founded in 2010, producing lifting and material-handling equipment for construction, infrastructure, and industrial customers across South America. Now a wholly-owned subsidiary of Hiab Oyj following its January 2026 acquisition.
- Company typePrivate
- Founded2010
- HeadquartersCaxias Do Sul, Brazil
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What ING Cranes does
ING Cranes (operating as ING Guindastes) is a Brazilian crane manufacturer founded in 2010 and headquartered in Caxias Do Sul, Brazil. The company designs and produces a range of cranes used for material handling and lifting operations across construction, infrastructure development, and industrial end-markets in Brazil and South America. The firm operates an ISO 9001-certified quality management system and runs a local manufacturing footprint that supports its sales-led go-to-market model, with direct commercial relationships to industrial and construction customers rather than a third-party distribution network.
The business model is straightforward industrial hardware sales: revenue is generated through the manufacture and sale of crane equipment, with customers primarily being business entities in the construction, infrastructure, and industrial sectors in Brazil. Reported sales reached EUR 50 million in 2024, with approximately 250 employees. Pricing, distribution, and channel details are not publicly disclosed. In November 2025, ING Cranes entered an agreement to be acquired by Hiab Oyj, a Finnish publicly-traded load-handling equipment manufacturer (NASDAQ Helsinki: CYJBY), with the transaction closing in January 2026. Post-acquisition, ING Cranes operates as a wholly-owned subsidiary supporting Hiab's Brazilian and broader South American market presence.
The technology stack is conventional industrial manufacturing; no proprietary software, AI, or digital platform components are disclosed. Customer-facing data on segmentation, retention, and concentration is thin — only horizontal segment descriptions are available, with no named customers or revenue split data. The company's website (ingguindastes.com.br) currently displays a placeholder page, which is consistent with its post-acquisition integration status.
ING Cranes firmographics
Firmographics- Name
- ING Cranes
- Legal name
- ING Cranes
- Website
- https://ingguindastes.com.br
- Company type
- Private
- Founded year
- 2010
- Operating status
- Acquired
- Headcount range
- 101–250 employees
- Short description
- ING Cranes is a Brazilian crane manufacturer founded in 2010, producing lifting and material-handling equipment for construction, infrastructure, and industrial customers across South America. Now a wholly-owned subsidiary of Hiab Oyj following its January 2026 acquisition.
- Ownership category
- akta.pro rank
ING Cranes industry classification
Industry- Product category
- Industrial Cranes and Material Handling Equipment
- NAICS
- Overhead Traveling Crane, Hoist, and Monorail System Manufacturing (333923), Construction Machinery Manufacturing (333120)
- SIC
- Construction Machinery & Equip (3531), Construction, Mining & Materials Handling Machinery & Equip (3530)
- akta.pro primary industry
- Jib Cranes (IMAHAJAE)
- akta.pro secondary industries
- Overhead (Bridge) Cranes (IMAHAJAC), Gantry & Portal Cranes (IMAHAJAD), Cranes, Hoists & Overhead Material Handling (Industrial) (IMAHABAE)
Keywords
Where ING Cranes is headquartered
LocationHeadquarters
- HQ city
- Caxias Do Sul
- HQ country
- Brazil
- HQ region
- Latin America
Offices1 record
Markets served
ING Cranes business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- Crane Manufacturing and Sales: ING Cranes generates revenue through the manufacture and sale of cranes. The company reported EUR 50 million in sales in 2024.
Go-to-market motion1 record
ING Cranes product offering
Product offeringCore offering
ING Cranes is a Brazilian crane manufacturer that designs, produces, and sells cranes for material handling and lifting operations. The company supplies equipment to construction, infrastructure development, and industrial customers primarily in Brazil and South America. Operations are supported by an ISO 9001 certified quality management system and a Brazilian manufacturing facility.
Product overview
ING Cranes is a Brazilian crane manufacturer (founded in 2010) that was acquired by Hiab Oyj in January 2026. The company produces crane equipment and reported EUR 50 million in sales in 2024 with approximately 250 employees. Following the acquisition, ING Cranes operates as part of Hiab's expanded South American portfolio.
Differentiator
Problem solved
Functional benefit
Companies that use ING Cranes
Customer profileSegments1 record
Ideal customer profiles1 record
ING Cranes technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
ING Cranes partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Hiab OyjflagshipHiab Oyj completed the acquisition of ING Cranes in Brazil in January 2026. This strategic acquisition expands Hiab's market presence in Brazil and strengthens its product portfolio in the South American crane market. ING Cranes brings established manufacturing capabilities, local market expertise, and an existing customer base to Hiab's operations.
Scale indicators2 records
Recent moves3 records
Expansion highlights3 records
ING Cranes competitors and assessment
Company assessmentBroad incumbents
- Tadano Ltd. Japanese manufacturer of all-terrain, rough-terrain, and truck-mounted cranes. Directly comparable as a crane OEM with focus on lifting equipment for construction and industrial customers.
- Palfinger AG: Austrian global leader in loader cranes, aerial work platforms, and material handling equipment. Highly comparable as a global crane/load-handling manufacturer; Hiab's main direct competitor in the same product space.
- SANY Heavy Industry: Chinese global manufacturer of construction machinery including crawler cranes, truck cranes, and all-terrain cranes. Comparable as a high-volume, cost-competitive crane manufacturer expanding into emerging markets including Latin America.
- Manitowoc Company: U.S.-based global manufacturer of crawler cranes, mobile cranes, and tower cranes. Comparable as a long-established crane OEM targeting construction and infrastructure customers with overlapping product categories to ING.
- Liebherr: Swiss family-owned heavy equipment manufacturer producing mobile cranes, crawler cranes, tower cranes, and material handling machinery. Directly comparable product portfolio serving construction and infrastructure end-markets globally.
- XCMG Group: Chinese construction machinery manufacturer with a broad crane portfolio (mobile, crawler, tower, port). Comparable to ING as a crane-focused OEM serving construction and infrastructure customers, particularly in emerging markets.
- Terex Corporation: U.S. diversified equipment manufacturer producing aerial work platforms, cranes, and material handling equipment. Comparable as a multi-product crane and lifting equipment OEM serving construction and industrial end-markets.
Regional players
- HIDROGRUA (Guindastes): Brazilian crane manufacturer and rental operator focused on mobile and hydraulic cranes for the Brazilian market. Directly comparable as a Brazilian/South American regional crane manufacturer serving overlapping customers.
- Guindastes Tatuapé: Brazilian company providing cranes and lifting services in Brazil. Directly comparable as a Brazil-based crane operator/manufacturer competing in the same domestic market.
Direct peers
- Fassi Gru S.p.A. Italian manufacturer of articulated loader cranes (knuckle-boom cranes), one of the largest in its category globally. Directly comparable as a mid-sized specialized crane OEM focused on a specific crane category with global distribution.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
ING Cranes social profiles
Digital presenceING Cranes financial estimates
Financial estimateRevenue estimate
Valuation estimate
ING Cranes leadership team
Management profileNumber of profiles
Profiles1 record
ING Cranes funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ING Cranes M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ING Cranes
What does ING Cranes do?
ING Cranes is a Brazilian crane manufacturer that designs, produces, and sells cranes for material handling and lifting operations. The company supplies equipment to construction, infrastructure development, and industrial customers primarily in Brazil and South America. Operations are supported by an ISO 9001 certified quality management system and a Brazilian manufacturing facility.
Is ING Cranes a public or private company?
ING Cranes is a private company. It is classified as corporate owned and is currently acquired.
When was ING Cranes founded?
ING Cranes was founded in 2010. It employs 101 to 250 people.
Where is ING Cranes based?
ING Cranes is headquartered in Caxias Do Sul, Brazil, in the Latin America region.
How does ING Cranes make money?
One revenue line is on record: crane Manufacturing and Sales.
Who are ING Cranes's main competitors?
Broad incumbents on record are Tadano Ltd., Palfinger AG, SANY Heavy Industry, Manitowoc Company, Liebherr, XCMG Group and Terex Corporation. Regional players are HIDROGRUA (Guindastes) and Guindastes Tatuapé. Fassi Gru S.p.A. is listed as a direct peer.
Does ING Cranes have an API?
No public API is recorded for ING Cranes.
What industry is ING Cranes in?
ING Cranes's product category is Industrial Cranes and Material Handling Equipment. Its primary akta.pro industry code is IMAHAJAE, Jib Cranes, with a secondary code of IMAHAJAC, Overhead (Bridge) Cranes. Its NAICS code is 333923 and its SIC code is 3531.