Demag fully integrated

Demag Cranes has now been integrated within Terex Corporation as a fifth business segment, operating alongside the other Terex segments.

Demag Cranes' Group will operate under the Terex Material Handling & Port Solutions banner in its dealings with customers and the market, replacing the Demag Cranes' identity.

The new Terex Material Handling & Port Solutions business segment consists of two business groups. The Material Handling business group comprises the industrial cranes business along with its associated services in most countries. The Demag brand will be extended to include the tagline "A Terex Brand".

The Port Solutions business unit combines the Gottwald Port Technology business of Demag Cranes' Group with the port equipment business of Terex. The Gottwald brand has been changed to Terex Gottwald to reflect the integration of the two brands.