Tadano to acquire Demag mobile crane business from Terex

Tadano has agreed to acquire Terex's Demag mobile crane business for approximately $215 million. The deal includes manufacturing facilities in Zweibrücken, Germany, and multiple sales and service locations. The transaction is expected to close mid-2019.

“This is a strategic acquisition that offers Tadano considerable scope for growth.”vertikal.net

• 2 sources
• vertikal.netTadano to acquire Demag | Vertikal.netFeb 23, 2019
• allgemeinebauzeitung.deTerex Gruppe will Demag an Tadano verkaufenABZMar 9, 2019

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