Demag Cranes

Wetter, Germany Founded: 1819 • Age: 207 yrs Acquired By Tadano
Industrial cranes, components, and drives are manufactured for heavy-duty applications.
Annual revenue - Latest available
Total funding - 1 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

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
  • 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
Operational Areas
Not available
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
    Konecranes

    & 2 more

  • Employee Count
    Not available
  • Acquired by
    Tadano

    & 2 more

    (Feb 23, 2019)

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Products & Services of Demag Cranes

Demag Cranes offers a comprehensive portfolio of products and services, including Cranes and Hoists.

Product name locked
Category locked
Primary

Cranes are designed for lifting and moving loads in industrial environments, with systems like KBK light cranes being utilized.

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Hoists are provided for handling rates up to 100 tonnes, incorporating rope and chain types for various applications.

People of Demag Cranes

Headcount 1000-5000
Employee Profiles 11
Employee Profiles
People
Andreas Voss
Senior Manager - Global Accounts & Sales Channel Management
People
Klaus Hoffmann
Vice President Demag Distribution; Managing Director Demag Cranes & Components Gmbh
People
Lukas Pieper
Director Drives Product Line
People
Emmanuel Digues
Chief Executive Officer

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Funding Insights of Demag Cranes

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.

All
Institutional
Investor Description Founded Year Domain Location
Mining and logging equipment is manufactured for the construction sector.
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Construction and truck loader cranes are manufactured and distributed.
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Lifting equipment is provided to a wide range of industries.
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Investor details for Demag Cranes

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Investments & Acquisitions by Demag Cranes

Investments
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Investment portfolio details for Demag Cranes

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Financial Statements - Demag Cranes

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Detailed financials for Demag Cranes

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Demag Cranes Comparisons

Demag Cranes Primary company
Description
Industrial cranes, components, and drives are manufactured f...
Location
Wetter, Germany
Founded Year
1819
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Demag Cranes

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Competitors of Demag Cranes

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Detailed competitors of Demag Cranes

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Latest news on Demag Cranes

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Complete news archive for Demag Cranes

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Frequently Asked Questions about Demag Cranes

Demag Cranes was founded in 1819 and raised its 1st funding round 191 years after it was founded.

Demag Cranes is headquartered in Wetter, Germany. It is registered at Wetter, Hesse, Germany.

Emmanuel Digues is the current CEO of Demag Cranes.

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.

Demag Cranes offers Cranes and Hoists.

Demag Cranes has 3 investors. Key investors include Konecranes, Tadano, and Terex Corporation.

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