# Tadano cleared to acquire Demag brand crane business from Terex

The UK Competition and Markets Authority cleared the anticipated acquisition by Tadano Limited of the Demag Brand Crane Business and 8 subsidiaries of Terex Corporation.

- Type: Acquisition
- Announced: 2019-06-18
- Where: Germany, Germany
- Value: $215.0M
- Status: completed
- Products: crane business
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Terex Corporation](https://endata.com/companies/15079.md) (target)
- [Tadano](https://endata.com/companies/15119.md) (acquirer)
- [Demag Mobile Crane Business](https://endata.com/companies/40966.md) (target)

## Sources

- [outlinetts.com](https://outlinetts.com/article/page/gov/cma-cases/tadano-limited-terex-corporation-merger-inquiry), 2019-06-18: "The CMA has cleared the anticipated acquisition by Tadano Limited of the Demag Brand Crane Business and 8 subsidiaries of Terex Corporation."
- [georesources.net](https://www.georesources.net/cms.php/en/archive/8592/tadano-acquisition-of-demag-mobile-crane-business-from-terex-corporation-completed), 2019-07-30: "The total agreement price is approximately 215 million dollars (approximately 23.6 billion yen)."

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