Terex sells Demag Mobile Cranes to Tadano

22 February 2019 – Terex Corporation has announced today that they have agreed to sell its Demag Mobile Cranes business to Tadano for an enterprise value of approximately US$ 215 million. The Demag Mobile Cranes business manufactures and sells all-terrain cranes and large crawler cranes. Included in the transaction are the manufacturing facilities in Zweibrucken, … Read more

History of Demag

Birth of Demag Demag was found in 1910 in Duisburg through the union of three companies: Marki Engineering Co., Duisberger Mechanical Engineering AG and the Benrather Engine Works Gmbh. Some of these firms had histories of crane building of more than one hundred years ago. The company became a prominent player in crane building when … Read more

Demag PC 3800-1 Pedestral Crane (650 tonnes)

Demag has launched a new pedestal version of its 650 tonnes Demag CC 3800-1 crawler crane in July 2017 – Demag PC 3800-1. It is designed to provide access to job sites previously not accessible by standard crawler models. Terex has introduced the new Demag pedestal crane to reduce preparation time and allows contractors to … Read more