About Demag Cranes
Demag Cranes is a company based in Wetter (Germany) founded in 1819 was acquired by Tadano in February 2019.. Demag Cranes offers products and services including Cranes and Hoists.
- Headquarter Wetter, Germany
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Email
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Phone
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Website
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Social
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- Legal Name Demag Cranes & Components Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Konecranes
& 2 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Demag Cranes
Demag Cranes offers a comprehensive portfolio of products and services, including Cranes and Hoists. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cranes are designed for lifting and moving loads in industrial environments, with systems like KBK light cranes being utilized.
Hoists are provided for handling rates up to 100 tonnes, incorporating rope and chain types for various applications.
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Funding Insights of Demag Cranes
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2010 | Amount | Post-IPO - Demag Cranes | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Demag Cranes
Demag Cranes has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Konecranes, Tadano and Terex Corporation. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Mining and logging equipment is manufactured for the construction sector.
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Founded Year | Domain | Location | |
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Construction and truck loader cranes are manufactured and distributed.
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Founded Year | Domain | Location | |
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Lifting equipment is provided to a wide range of industries.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Demag Cranes
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Demag Cranes
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Demag Cranes Comparisons
Competitors of Demag Cranes
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Demag Cranes
Frequently Asked Questions about Demag Cranes
When was Demag Cranes founded?
Demag Cranes was founded in 1819 and raised its 1st funding round 191 years after it was founded.
Where is Demag Cranes located?
Demag Cranes is headquartered in Wetter, Germany. It is registered at Wetter, Hesse, Germany.
Who is the current CEO of Demag Cranes?
Emmanuel Digues is the current CEO of Demag Cranes.
What does Demag Cranes do?
Demag Cranes was established in 1819 and is based in Wetter, Germany. Industrial cranes, crane components, and drives are produced by the company for sectors including manufacturing and logistics. Operations encompass design, engineering, and assembly of lifting equipment tailored to industrial needs. Global distribution is handled from the European headquarters, with leadership directed by CEO Emmanuel Digues. Focus remains on reliable machinery for overhead and mobile handling tasks.
What products or services does Demag Cranes offer?
Demag Cranes offers Cranes and Hoists.
Who are Demag Cranes's investors?
Demag Cranes has 3 investors. Key investors include Konecranes, Tadano, and Terex Corporation.
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