Professional Documents
Culture Documents
Together we rise...
On 1st August 2019 Tadano Ltd completed the
acquisition of Demag Mobile Cranes from Terex
Corporation for US $215m.
The transaction brings together two of the top
names in the lifting equipment industry – each with
market-leading reputations for safety, quality,
innovation and performance as well as long histories
of engineering excellence.
“The Tadano Group’s strategy is to become the
global leader in the lifting equipment industry and
the premier choice with our customers. The Demag
Mobile Cranes acquisition is one vital step toward
achieving that goal,” said Koichi Tadano, president
and CEO of Tadano Ltd.
“It expands our penetration into many markets
throughout the world, adds lattice boom crawler
cranes to our overall product line, and enhances Mr Koichi Tadano cranes, lattice and telescopic boom crawler cranes,
the capacity range of our all terrain cranes. By truck cranes and more.
working together, we can better respond to our In seeking to lead the industry, Tadano will build
customers’ needs and give them greater added The Tadano Demag synergies with the Demag line to increase efficiencies
value than ever before.” management team and drive innovation. Tadano will unite and further
In addition to technological and manufacturing enhance the strengths of
excellence, Demag’s mobile cranes give Tadano one Demag and Tadano Faun
of the most complete ranges of lifting equipment GmbH (TFG), a pillar of the
available from a single manufacturer. It expands Tadano Group since 1990.
the product line with eight lattice boom crawler “Demag’s dedicated
crane models with lift capacities from 400 to 3,200 stakeholders, including
tonnes (440 to 3,525 US tons). Also, Demag’s 15 all customers, distributors and
terrain crane models enhance Tadano’s maximum suppliers, among others,
lift capacity in this segment to 1,200 tonnes (1,320 infuse the company with
US tons). great value,” Mr Tadano
The enlarged Tadano Group now offers more than said. “As our journey with
80 models, including rough terrain cranes, all terrain Demag begins, our most
immediate goal is ensuring
‘business as usual’ for
current Demag customers.
We are committed to a
seamless transition that allows these stakeholders to
continue with their important business smoothly and
Left: ‘Goodbye, successfully, while we continue on with the Tadano
Terex! Konichiwa, Group Vision of Pursuing Further Excellence for the
Tadano!’ says the World and the Future.”
headline in the local As a subsidiary of the Tadano Group, the Demag
newspaper, mobile cranes business legal entity name is now
Zweibrücker Zeitung Tadano Demag GmbH.
Celebrating
a new
beginning
On 23rd February 2019 it was announced that evident how excited our
Tadano had agreed to pay Terex US $215m Japanese colleagues
(¥23.6bn) for its Demag Mobile Cranes business, were to finally meet us,
including production and engineering in Germany and that goes both
and sales subsidiaries worldwide. By 1st August the ways,” Mr Schramm says.
deal was signed, sealed and delivered – and could Later in the day
now be celebrated. Mr. Tadano addressed
For Tadano, there was no better way to start the the full Tadano Demag
company’s centenary celebrations. For Demag, it team of nearly 1,400.
marked the end of uncertainty and the start of a new He introduced himself,
chapter. “We were all waiting for this day with great his company and the goals that the Tadano Group Above: Mr. Koichi
anticipation,” says Thomas Schramm, VP Sales will now pursue together with Tadano Demag, Tadano welcomes
Tadano Demag Mobile Cranes. specifically to lead the lifting industry. Demag team members
Conclusion of the deal was naturally accompanied Mr. Tadano explained that the Tadano Group to the Tadano family.
by two days of ceremony, fanfare and excitement. continually strives for progress and growth. While Watch ‘Day 1’ here:
For Koichi Tadano, the Demag acquisition is integral the company must make a profit to be a leader,
to his vision of leading the lifting industry globally. He Tadano does not seek profit for the sake of profit. To
was in Zweibrücken with his senior team to welcome bear the volatility of global economics, the Tadano
Demag team members to the Tadano family. approach is ‘slow and steady wins the race’, like in
The first day began with a large management the fable of the tortoise and the hare, he said.
meeting in the prototype building at Demag’s “In the Tadano Group, we do not think like the Below: Mr. Tadano as
Dinglerstraẞe site – where so many famous Demag hare, but like the tortoise to achieve our long-term he is invited to sign the
innovations began. More than 100 Demag managers objectives,” Mr. Tadano explained. Golden Book of the
and the Tadano delegation met to get to know each The day’s excitement spread across Zweibrücken; City of Zweibrücken
other and begin strategizing for the future. the Mayor, Dr. Marold Wosnitza,
“Our meeting was marked by a pleasant and raised the Japanese flag in front of
friendly atmosphere and great mutual respect. It was the City Hall. Accompanied by
Tadashi Suzuki, Executive VP of
to top performers
Tadano sees six attributes
required for resilience to sudden
demand changes: extending
capabilities, being lean, Two employees of Tadano’s distributor in Thailand,
flexibility, diversification, agility, Italthai Industrial Co Ltd., were rewarded for
and quality improvement. outstanding performance with a four-day trip to
The new factory has been Japan and a tour of no fewer than seven Tadano
built to support all these factories.
aims. The design is based on Service manager Preecha Phengphol and service
the concept of 'Next frontman Wuttipong Chaibumrungmit were
Generation Smart Plant', recognised by Tadano’s Distributor Assessment
with clean and simple Program conducted jointly by the Service Planning
production lines, minimized Group and the International Service Group in 2018.
environmental impact, Italthai achieved excellent results in the program.
reduced contamination, Mr Preecha and Mr Wuttipong arrived in Japan on
more robots and more use 22nd July and on the next day visited three Tadano
of electronic data storage. factories in Sakura,
Chiba and
Shinkiba. In the
New Senior Executive evening they were
entertained to
Officer appointed dinner by the
Ryogoku Office and
Several months after joining the company, were presented
Mr. Toshiaki Ujiie was appointed as with a certificate of achievement (pictured above).
Director, Senior Executive Officer at On the third day they moved to Takamatsu and saw
Tadano Ltd on 25th June 2019. three more operational factories: Shido, Tadotsu,
Having spent 30 years mainly in the Takamatsu itself. They also visited the new Kozai
construction and transportation factory, which had not yet begun operations.
machinery industry, Mr. Toshiaki Ujiie At each site they were briefed on operations by
knows the business inside out and the factory directors and managers. The visitors showed
markets like the back of his hand. He understands how best to serve the a keen interest in how the factories are managed,
needs of customers and markets. particularly with regards to parts and servicing, and
He started his career climbing the management ladder at Marubeni they raised plenty of questions.
Corporation, which is one of the biggest trading companies in the world Tadano staff also enjoyed sharing information and
and in 2014 became its Senior Operating Officer. experiences with their Thai guests and look forward
At Tadano, he has the opportunity to grow his influence and experience to welcoming other distributors next year based on
on the global crane industry and help many more customers. their scores in the assessment program.
Internationale Schwerlasttage
13-14 September 2019 Hohenroda, Germany
schwerlasttage.de