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.

Finance & Funding

For more information on companies in this article

Related Content

  • HD Hyundai Construction Equipment and HD Hyundai Infracore merger
    July 4, 2025
    HD Hyundai Construction Equipment and HD Hyundai Infracore are merging.
    Read More
  • Zoomlion develops key strategy for expansion
    June 10, 2015
    The implementation of a new strategy looks set to lead to strong development among infrastructure-related industries in export markets for Chinese firms. And as an industry leader in the production of construction machinery, Zoomlion has long been preparing to compete against the major international companies At the bauma China 2014 event in Shanghai, Zoomlion gave an insight into its international ambitions according to the firm. At the show, the senior director in charge of Zoomlion overseas business,
    Read More
  • Demag/Terex crane orders in the Middle East
    August 16, 2018
    Terex has won major crane orders from customers in Saudi Arabia and Kuwait. Saudi Arabian crane rental company, Arabian Consolidated Trading (ACT Crane & Heavy Equipment), is expanding its crane fleet with a recent order for four Demag AC 160-5, two AC 300-6 all-terrain cranes and four Terex RT 90 rough terrain cranes. The new units will be used by ACT customers at its locations Jubail Industrial City and Yanbu Al-Bahr. ACT Crane & Heavy Equipment is taking delivery of the new Demag and Terex crane model
    Read More
  • JCB starts production of Project 710, its Hydradig 10tonne machine
    July 7, 2016
    JCB has started full production of its new Hydradig after the machine made its international debut at the equipment trade fair bauma in Munich in April. JCB says it has already received hundreds of orders for the new 10tonne machine which is being manufactured at the JCB Heavy Products plant in Uttoxeter, Staffordshire, England. Around 85 people have been recruited for the production process, including engineers, welders and assembly line employees. The JCB Hydradig was developed in complete secrecy o
    Read More

Highlighted Content