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

  • Cummins expanding electric technology portfolio
    October 17, 2017
    Cummins is expanding its portfolio of electric drive technologies with the acquisition of the assets of Brammo, Inc. The firm designs and develops battery packs for use in mobile and stationary drive applications. The purchase of the Brammo battery pack technology will help boost the range of systems and expertise for Cummins. With this deal Cummins intends to become a global leader in the market for electric drives, complementing its range of compression ignition and turbocharging technologies.
    Read More
  • Jose Antonio Nieto takes over as CECE president
    January 24, 2024
    Jose Antonio Nieto, chief executive of Putzmeister Iberica is the new president of the CECE, Committee for European Construction Equipment until the end of 2025.
    Read More
  • Volvo bullish in Asian market
    February 29, 2012
    The manufacturer Volvo Construction Equipment has major growth plans for its presence in Asia and China in particular.
    Read More
  • The industry’s most trusted brand in continuing education
    September 4, 2019
    With the release of an update catalogue of training and credential programmes available to road professionals worldwide, IRF has affirmed its role at the road industry’s most trusted brand in continuing education. For 70 years, an essential part of IRF’s mission has been the organisation and delivery of continuing education services that help strengthen human skills and contribute to the dissemination of knowledge and field expertise. Today, IRF’s curriculum of 40 certified courses provides technica
    Read More

Highlighted Content