DemAG Cranes AG

Company Details:
Forststraße 16
Duesseldorf, 40597 Germany

Phone: +49 (0) 2335 92-2922

Demag Cranes is one of the world’s leading providers of industrial cranes, crane components, harbour cranes and port automation technology. Services, in particular maintenance and refurbishment services, are another key element of its business activities. The activities of Demag Cranes are divided up into three segments: Industrial Cranes, Port Technology and Services.

In Demag and Gottwald, the Group has strong brands and believes that it is a global market leader by virtue of its innovation and technology leadership, its excellent product and service quality and its close and long-term customer relationships. Demag Cranes manufactures in 16 countries on five continents and through subsidiaries, agencies and a joint venture operates one of the most comprehensive worldwide sales and service networks in the industry. The Group is represented in more than 60 countries and reaches customers in more than 100 countries.

In financial year 2009/2010, the Group generated total revenue of EUR 931.3 million and operative earnings before interest and tax (EBIT) of EUR 54.2 million with some 5,711 employees (as at 30 September 2010). From 01.10.09 to 30.09.10, 20.5 per cent of revenue was generated in Germany, 32.0 per cent in Europe excluding Germany and Russia, 14.3 per cent in North, Central and South America, 11.8 per cent in Asia, 15.4 per cent in the so-called BRIC countries and 5.9 per cent in other countries.

Demag Urges Shareholders to Reject Terex Buyout Offer

July 19, 2014
From DemAG Cranes AG
TNT Crane & Rigging Buys Southway Crane

TNT Crane & Rigging Buys Southway Crane

January 10, 2013