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.