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

  • Massive mobile crane order for Terex in Russia
    June 25, 2018
    Russian Terex Cranes distributor, Kwintmadi has placed a substantial order for new units. The order comprises four new Terex Quadstar 1075 rough terrain cranes, nine Terex Quadstar 1075L rough terrain cranes, six Demag AC 100-4 all-terrain cranes, one Demag AC 160-5 all-terrain crane and three Demag AC 250-5 all-terrain cranes. Kwintmadi is one of European Russia’s leading construction equipment distributors and is a leader in the crane business. The firm has been a distributor for the Terex Cranes line s
    Read More
  • SANY occupies a strong position in China as well as worldwide
    January 6, 2017
    SANY president Wenbo Xiang is confident for the firm’s future as a major international player - Mike Woof reports One of China’s biggest and most powerful companies, the SANY Group is looking to further expansion.
    Read More
  • SANY occupies a strong position in China as well as worldwide
    November 12, 2014
    SANY president Wenbo Xiang is confident for the firm’s future as a major international player - Mike Woof reports One of China’s biggest and most powerful companies, the SANY Group is looking to further expansion.
    Read More
  • Lintec & Linnhoff’s new plans
    December 1, 2020
    Lintec & Linnhoff is unveiling its new market expansion plans after a successful business transformation
    Read More

Highlighted Content