Terex Demag AC 110 Specifications
Terex Demag AC 110
(Cranes, Hoists & Material Handlers : All Terrain Cranes)
The $215 million sale of Terex Corp.’s Demag Mobile Crane business has been completed.
The business was purchased by Tadano a Japan-based global crane company.
Terex said the deal is another step toward improving profitably and becoming more focused. The company also recently completed the sale of its boom truck, truck crane and crossover product lines to Load King
Tadano said 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. Tadano says it now has 80 models of lifting equipment, also including rough-terrain cranes, telescopic boom crawler cranes and truck cranes.
Demag will be a subsidiary of the Tadano Group under the name Tadano Demag. Jens Ennen of Germany will be its CEO. Ennen joined Tadano in May as executive vice president after working since 1991 for Manitowoc in Germany.