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

  • New solutions, new competition
    May 29, 2012
    The early part of 2012 will see a whole host of new technology coming to market, as manufacturers introduce their latest models and solutions. At the same time, the construction equipment market is also seeing an increase in competition, with Chinese firms making serious inroads into the global supply sector. These new technologies and new competitors will ensure that the construction equipment sector will see major changes during this year. From a technical viewpoint, one of the biggest technical challenge
    Read More
  • Polaris to acquire Goupil Industrie
    May 1, 2012
    Polaris Industries has announced the acquisition of Goupil Industrie, a privately owned, France-based manufacturer of on-road, commercial electric vehicles, built on a modular design that offers many functional options and appeals to a wide variety of customers. The move will add Goupil vehicles to Polaris’ growing small electric vehicle product portfolio, while becoming part of a global brand will expand Goupil’s reach, both within and outside its existing European sales base. Goupil, which reported approx
    Read More
  • Liebherr retains positive business outlook
    November 6, 2020
    Liebherr retains a positive business outlook, despite the pandemic.
    Read More
  • Bentley is building its software solutions portfolio
    May 14, 2015
    Bentley Systems continues to develop its portfolio of software solutions - Mike Woof writes One of the leaders in the field of construction software, Bentley Systems is developing its array of solutions for industry users. The company is growing both by acquisition and organically, using its financial strength to buy up smaller niche firms as well as developing the capabilities of its in-house software further. The company has recently made three key acquisitions, for EADOC, Acute3D and C3global. The
    Read More

Highlighted Content