Heavy Equipment Guide Logo

Tadano acquisition of Demag Mobile Cranes ushers in new era

Strategic investment advances Tadano’s long-term goal of becoming the global leader in the lifting equipment industry

Moving forward, Tadano and Demag will not only be building synergies and improving efficiencies, but also taking every effort to ensure a seamless product and business experience.
Moving forward, Tadano and Demag will not only be building synergies and improving efficiencies, but also taking every effort to ensure a seamless product and business experience.

Tadano Ltd. completed its $215 million acquisition of the Demag Mobile Cranes business on August 1. The transaction brings together two of the top names in the lifting equipment industry - each well known for safety, quality, innovation, and performance. The Tadano and Demag brands now leverage a long combined history of manufacturing and lifting experience. Working together, we will push forward, innovate, and contribute to the success of our customers worldwide.

"The Tadano Group's strategy is to become the global leader in the lifting equipment industry and the premier choice with our customers. The Demag Mobile Cranes acquisition is one vital step toward achieving that goal," says Koichi Tadano, president and CEO of Tadano Ltd. "It expands our penetration into many markets throughout the world, adds lattice boom crawler cranes to our overall product line, and enhances the capacity range of our all terrain cranes. By working together, we can better respond to our customers' needs and give them greater added value than ever before."

In addition to technological and manufacturing excellence, Demag's mobile cranes give Tadano one of the most complete ranges of lifting equipment solutions available from a single manufacturer. It expands the product line with eight lattice boom crawler crane models with lift capacities from 400 to 3,200 t (440 to 3,525 U.S. tons). Also, Demag's 15 all terrain crane models enhance Tadano's maximum lift capacity in-segment to 1,200 t (1,320 U.S. tons). Post-acquisition, the Tadano Group's total lifting equipment line now includes more than 80 models, including rough terrain cranes, all terrain cranes, lattice and telescopic boom crawler cranes, truck cranes, and more.

In seeking to lead the industry, Tadano will build synergy with the Demag line to increase efficiencies and drive innovation. Tadano will unite and further enhance the strengths of Demag and Tadano Faun GmbH (TFG), a pillar of the Tadano Group since 1990. With highly complementary offerings between the two brands' all terrain product lines, Tadano Ltd. can leverage tremendous synergies throughout the value chain.

Moving forward, Tadano and Demag will not only be building synergies and improving efficiencies, but also taking every effort to ensure a seamless product and business experience:

"Demag's dedicated stakeholders, including customers, distributors and suppliers, among others, infuse the company with great value. As our journey with Demag begins, our most immediate goal is ensuring ‘Business as Usual' for current Demag customers," says Mr. Tadano. "We are committed to a seamless transition that allows these stakeholders to continue with their important business smoothly and successfully, while we continue on with the Tadano Group Vision of ‘Pursuing Further Excellence for the World and Future.'"

Company info

4242 West Greens Road
Houston, TX
US, 77066

Website:
tadano.com

Read more

More from Industry News

CNH Industrial acquires ATI Track Systems

CNH Industrial N.V. has entered an agreement to acquire ATI Inc., a global manufacturer of rubber track systems for high horsepower tractors and combine harvesters. This acquisition will provide customers of CNH Industrial's global agricultural brands, Case IH and New Holland Agriculture, with access to factory-fit track technology, extending the available range and enabling them to tailor their choice based on their specific floatation, suspension and traction requirements.

U.S. nonresidential construction spending rebounds slightly in September

National nonresidential construction spending rose 0.5 percent in September but is down 0.9 percent on a year-ago basis, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totalled $775.6 billion, 2.4 percent lower than the cyclical peak in April 2019.

Aggregate industry to be focus for Brandt as new division launches

The Brandt Group of Companies has announced the formation of a new division, specifically designed to serve the needs of the Canadian aggregate industry. The new business unit, Brandt Mineral Technology, will operate across a Canada-wide footprint through the company's Brandt Tractor locations, now the country's only coast-to-coast-to-coast construction equipment network.

Subscribe to our free newsletter

Get our newsletter

Learn more

Takeuchi breaks ground on new training centre

Takeuchi-US held a ground-breaking ceremony on October 11 for a new training facility set to open in spring 2020. The new centre will allow dealers from North America and around the globe to gain knowledge about Takeuchi products, and offer year-round service training to its growing dealer network. 

Brandt launches roadbuilding division for cross-Canada distribution of Wirtgen Group products

The Brandt Group of Companies has formed a new division to serve the needs of the Canadian roadbuilding industry. Coming in the wake of the company's recent appointment as the exclusive Canadian dealer for Wirtgen Group roadbuilding equipment, the new business unit, Brandt Road Technology, will operate across a Canada-wide footprint through the company's Brandt Tractor locations, soon to be the country's only coast-to-coast-to-coast construction equipment network through the company's acquisition of Nortrax.

GOMACO University training schedule for 2020 season

GOMACO University says that it prides itself on offering the best education by combining classroom education with hands-on shop time. Both are taught by knowledgeable University instructors and service representatives who travel the world setting up and working on GOMACO equipment. Contractors are urged to prepare this offseason so the 2020 paving season is full of production and maximum rideability results. 

Subscribe to our free magazine

Get Our Magazine

Paper or Digital delivered monthly to you

Subscribe or Renew Learn more

GFL Environmental to launch initial public offering

GFL Environmental Inc. has announced the launch of its initial public offering of 87,572,500 subordinate voting shares pursuant to a registration statement filed with the Securities and Exchange Commission and an amended and restated preliminary base PREP prospectus filed with the securities regulatory authorities in each of the provinces and territories of Canada.

Digital Construction Works brings Bentley and Topcon together to close constructioneering advancement gap

Bentley Systems and Topcon Positioning Systems have announced that the new, jointly owned company - Digital Construction Works - is open for business, with a full global staff of digital construction experts who have been contributed by Bentley Systems and Topcon, respectively. Digital Construction Works provides digital automation, integration, and "twinning" services around a portfolio of fit-for-purpose software and cloud services, from Topcon, Bentley, and other software vendors, to realize the breakthrough potential of constructioneering, for industrializing construction.  

Edmonton technician becomes first woman to earn Kenworth's highest service certification

The personal interests that develop at an early age are often the ones that will last a lifetime. From fixing equipment on the farm with her father, to becoming the first woman in the Kenworth dealer network in Canada and the United States to achieve the prestigious Kenworth Certified Master Technician status, Jennifer Lesnik always knew she had the skillset to work on heavy equipment as a profession.

Equipment manufacturers in North America and Europe pulling for beneficial trade discussion results

The free flow of trade and investment is the lifeblood of modern manufacturing. Equipment manufacturers in the United States and European Union depend on global supply chains to source parts and components, and access foreign markets to export their machinery. Today, 80 percent of world trade is driven by supply chains with trade in intermediate goods now nearly twice as large as trade in final goods. This is especially important in advanced manufacturing like construction equipment manufacturing. 

Subscribe to our free newsletter

Get our newsletter

Learn more

Globalstar satellite hotspot usability improved with new remote antenna station

Globalstar Canada Satellite Co. announced the new Sat-Fi2 Remote Antenna Station (RAS), expanding the capabilities of the Sat-Fi2 Satellite Hotspot by incorporating a highly efficient remote antenna enabling use in any vehicle, vessel or distant building. Sat-Fi2 RAS easily installs to a fixed power source for seamless connectivity via the Globalstar next generation satellite network and ground infrastructure. Now available in the US and Canada, Sat-Fi2 RAS provides continuous communications for anyone who works or plays outside of cellular coverage.   

Doosan Bobcat opens digital innovation center in Fargo

Doosan Bobcat (Bobcat) has opened The Studio, a data innovation centre located in Fargo, North Dakota. The Studio will advance development through digitalization and new technologies by bringing members of the company's research and development teams together with academic centres, entrepreneurs and emerging companies to advance community innovation and foster hands-on collaboration in a high-tech environment.

New Holland demoing landscaping and snow removal solutions at GIE+EXPO

New Holland will showcase a variety of light construction, landscaping and snow removal equipment at GIE+EXPO (Green Industry & Equipment Expo) October 16–18 in Louisville, Kentucky. Attendees can see the latest New Holland equipment in booth #1054 in the exhibition hall, or test drive it for themselves in the outdoor demo area (booth #7538D).

Willmar High School Manufacturing and Production (MAP) class tours Rotochopper facility

Now in its second year, the Manufacturing and Production (MAP) class from Willmar High School recently toured the Rotochopper facility as part of their final day with West Central Steel, Inc. In addition to ten students enrolled in the class, the group included teachers, staff and business leaders that support the program. The day started at Rotochopper with a facility tour, which was followed by visits to a steel mill and a job site. 

ASV introduces new warranty and no-derailment guarantee

ASV Holdings Inc. is backing up the quality of its equipment with a new 2-year, 2,000-hour warranty for its Posi-Track and skid-steer loaders. The comprehensive warranty covers compact track loader tracks for the entire warranty period, giving customers peace of mind that they've chosen the most reliable option. In addition, the warranty goes a step further to feature the industry's first and only compact track loader no-derailment guarantee.

New construction management tools from Earthwave cut inefficiencies

Earthwave introduces their new Construction Management Solution (CMS), a wireless telematics system developed specifically for "yellow iron" construction projects.  The new GS-364 hardware platform connects directly to the computer/bus of off-road equipment, delivering real-time data from pavers, excavators, loaders, dozers, and virtually any other construction tool.  Actionable data, including hour-meter readings, RPMs (is machine idle or working), fuel usage, temperatures, asset auto-assignment to job and more, is delivered from the jobsite to a phone, tablet or laptop.  This allows users to monitor, manage, and optimize equipment, personnel and workflows, streamlining projects and enhancing profitability.  Earthwave's Construction Management Solution was developed specifically for the heavy construction industry and is ideal for off-road construction projects of all sizes and types.

Subscribe to our free magazine

Get Our Magazine

Paper or Digital delivered monthly to you

Subscribe or Renew Learn more