# Tadano Limited to acquire Demag crane business from Terex Corporation

Tadano Limited announced the anticipated acquisition of the Demag Brand Crane Business and 8 subsidiaries of Terex Corporation. The UK Competition and Markets Authority launched a merger inquiry on April 23, 2019, and later cleared the deal.

- Type: Acquisition
- Announced: 2019-04-23
- Where: Germany
- Status: announced
- Products: cranes
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Terex Corporation](https://endata.com/companies/15079.md) (partner)
- [Terex Corporation](https://endata.com/companies/15079.md) (target)
- [Tadano](https://endata.com/companies/15119.md) (acquirer)
- [Demag](https://endata.com/companies/16567.md) (target)

## Sources

- [gov.uk](https://www.gov.uk/cma-cases/tadano-limited-terex-corporation-merger-inquiry), 2019-04-23: "The CMA has cleared the anticipated acquisition by Tadano Limited of the Demag Brand Crane Business and 8 subsidiaries of Terex Corporation."
- [cranestodaymagazine.com](https://www.cranestodaymagazine.com/analysis/deal-of-the-decade-7218731/), 2019-05-22: "Tadano's long-term goal is to become a global leader in the lifting equipment industry and to raise our sales ratio outside Japan to 80%."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.