# Tadano acquires Demag Mobile Cranes for US$215 million

Tadano Ltd. completed the acquisition of the Demag Mobile Cranes business from Terex for US$215 million ($319 million). The deal adds lattice boom crawler cranes and expands Tadano's all-terrain crane range, creating a combined product line of over 80 models.

- Type: Acquisition
- Announced: 2019-10-17
- 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

- [Tadano](https://endata.com/companies/15119.md) (acquirer)
- [Demag Mobile Cranes](https://endata.com/companies/41161.md) (target)

## Sources

- [cranesandlifting.com.au](https://www.cranesandlifting.com.au/tadano-acquisition-of-demag-mobile-cranes-ushers-in-new-era/), 2019-10-17: "Tadano Ltd’s recent US$215 million ($319 million) acquisition of the Demag Mobile Cranes business brings together two of the top names in the lifting equipment industry."

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