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

  • Fayat finalises Dynapac deal and closes acquisition
    October 5, 2017
    Fayat has now completed its acquisition of Dynapac. French firm Fayat has acquired the Road Construction Equipment Division of Atlas Copco, which manufactures rollers for asphalt and soil applications, pavers and planers. These products are known under the Dynapac trade name. The agreement includes sales and services operations in 37 countries, production units in four countries: Sweden, Germany, Brazil and China and a production partnership in India.
    Read More
  • Crane deals arranged for Middle East customers
    December 15, 2017
    A series of key crane deals have been made across the Middle East. In Bahrain, Modern Mechanical, Electrical and Transporting (MMET) has placed an order for multiple Demag and Terex all-terrain cranes. MMET has an existing fleet of 15 Terex and Demag cranes. With its recent order, the company will expand its service capabilities with the addition of one Demag AC 60-3, two Demag AC 100-4Ls, one Demag AC 160-5, one Demag AC 220-5 and one Terex AC 40/2L. A major selling point for MMET was the
    Read More
  • A European Deere?
    July 4, 2018
    Iconic US manufacturer John Deere is back in Europe, thanks to its purchase of Wirtgen. David Arminas looks at what’s in store The gods were smiling on the Wirtgen Group for the company’s Road Technology Days 2018 event. This year it was held in summer-like weather at the recently expanded Voegele plant near Mannheim in Germany. Within days in northern Europe the season dramatically changed from dreary chilly late winter to glorious high temperatures, just in time to bathe the amassed demonstration equi
    Read More
  • Metso looks to develop its international profile following its recent demerger
    March 12, 2014
    Metso CEO and president Matti Kähkönen explained how the company is evolving - Mike Woof reports Finnish crushing and screening specialist Metso is looking to expand its worldwide operations following the recent demerger of the group. CEO and president Matti Kähkönen said that Metso has been a multi-industry business for the last 14 years. The firm’s biggest divisions have been the joint construction and mining division and the pulp and paper business, with its automation sector being the smallest of the
    Read More

Highlighted Content