Skip to main content

Tadano completes its acquisition of Demag Mobile Cranes

Tadano has announced that it has completed its acquisition of the Demag Mobile Cranes business. The Tadano Group says that its long-term goal is to become the global leader in the lifting equipment industry, with the Demag Mobile Cranes acquisition being a key step to achieving its aim. The firm says that Demag’s transition into the Tadano Group will be seamless. For the most part customers will continue to work with the same Demag sales, service and parts contacts as up until now. This change serves as
August 1, 2019 Read time: 1 min

7102 Tadano has announced that it has completed its acquisition of the Demag Mobile Cranes business. The Tadano Group says that its long-term goal is to become the global leader in the lifting equipment industry, with the Demag Mobile Cranes acquisition being a key step to achieving its aim.

The firm says that Demag’s transition into the Tadano Group will be seamless. For the most part customers will continue to work with the same Demag sales, service and parts contacts as up until now.

This change serves as an opportunity to combine the strength of the two brands to better serve the lifting business. Tadano says it will leverage synergies between Tadano, Tadano Faun (TFG), and Demag throughout the value chain, including crane design, procurement, production, and sales support.

For more information on companies in this article

Related Content

  • New wearparts operation for thyssenkrupp
    January 10, 2018
    By integrating its forging operations in its components business area thyssenkrupp believes it has established one of the world’s biggest companies for this industry segment. The company has linked its operations at its sites in Europe, North and South America, India and China. The new business unit thyssenkrupp Forged Technologies has around 7,000 employees at 18 production sites and a broad distribution network in over 70 countries. The business unit has sales of over €1 billion and operates over 50
  • Doosan Bobcat has opened its new factory in India
    September 11, 2019
    Doosan Bobcat has opened its first manufacturing facility in India. The factory is located in Tamil Nadu state, on the outskirts of Chennai. Representing an investment of US$26 million, the 10.5ha site has an annual production capacity of 8000 units. It is an integrated facility with fabrication, warehouse, assembly and paint shop all under one roof and will initially be manufacturing Bobcat backhoe loaders completely designed and developed by the Engineering team based in Chennai. This is a new addition t
  • Metso develops presence in China with acquisition
    September 27, 2013
    Metso has now completed its acquisition of a majority stake in Chinese construction equipment supplier Shaorui Heavy Industries. This is a significant move and will strengthen Metso’s presence in the Chinese construction market. Shaorui Heavy Industries (Shaorui), is one of the leading mid-market crushing and screening equipment producers in China. The move leaves Metso with a 75% holding in Shaorui and an option to purchase the remaining 25% in the future. The size of the deal has not been revealed however
  • Jennifer Rumsey to succeed Tom Linebarger as Cummins president and CEO
    July 15, 2022
    Jennifer Rumsey is to succeed Tom Linebarger as Cummins president and CEO.