# Tadano completes acquisition of Terex's Demag Mobile Crane business for $215 million

Tadano completed the $215 million acquisition of Terex Corp.'s Demag Mobile Crane business, adding lattice boom crawler cranes and expanding its all-terrain crane range.

- Type: Acquisition
- Announced: 2019-08-05
- Where: Germany
- Value: $215.0M
- Status: completed
- Products: mobile cranes, lattice boom crawler cranes, all-terrain cranes
- 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](https://endata.com/companies/41137.md) (target)
- [Demag Mobile Cranes](https://endata.com/companies/41161.md) (target)

## Sources

- [equipmentworld.com](https://www.equipmentworld.com/construction-equipment/article/14971387/terex-completes-sale-of-demag-mobile-crane-business-to-tadano), 2019-08-05: "Tadano says the deal brings together two of the top names in the lifting equipment industry and expands the company’s penetration, adds lattice boom crawler cranes to its product lineup and expands its capacity range for all-terrain cranes."
- [cranetrader.com](https://www.cranetrader.com/blog/crane-and-lifting-equipment-news/2019/08/tadano-acquires-demag-mobile-cranes-for-215-million), 2019-08-06: "Our most immediate goal is ensuring 'Business as Usual' for current Demag customers."

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