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

  • LiuGong unveils its 'top ten' target
    February 6, 2012
    LiuGong Machinery Corporation has unveiled and discussed a bold five-year strategy, which directs the company towards breaking into the top ten construction equipment brands globally. The Chinese company, which set a company record in wheel loader sales in 2009, achieved another major milestone, saying it has built and sold its 200,000th wheel loader. To celebrate the milestones it hosted a conference and celebration ceremony in Beijing for customers, industry partners and the industry trade, where the stra
  • Pandemic impact on Wacker Neuson results
    November 6, 2020
    The pandemic is having an impact on Wacker Neuson’s results.
  • Volvo CE’s Carl Slotte explains the division’s current line-up
    October 11, 2017
    Next year Volvo CE will be testing electric, hybrid and autonomous vehicles in a quarry. Carl Slotte, head of sales for EMEA, says no company by itself will win market share. David Arminas reports from Germany The driver of the charter bus stood outside the hotel in Trier, Germany, and waved at a passing local city bus. “I know the driver,” he told one of the assembled journalists waiting for the group’s ride to the nearby Volvo CE plant. “He is retired but they brought him back because young people th
  • The Fayat Group is growing its US operations
    March 9, 2017
    The Fayat Group is steadily developing its operations and its presence in the North America market. President Jean-Claude Fayat explained the firm’s position at CONEXPO-CON/AGG 2017. The high value of the US$ against the euro has been of benefit to the group, he said: “For sure it’s helping to improve our margins.”