Terex Corp., the maker of Powerscreen rock crushers, agreed to buy Demag Cranes AG for about 963 million euros ($1.4 billion) after raising its offer to win over management of the German company.

Terex Corp. wants to bring the Demag brand back together while moving away from the cyclical construction sector. The Westport, Conn.-based equipment manufacturer announced on May 2 that it is ...

Demag Cranes’ Chief Executive Officer Aloysius Rauen: “Apart from a significant increase of the offer price, we achieved important assurances by Terex regarding the interests of our employees ...

Terex Corporation will sell its Demag Mobile Cranes business to Tadano Ltd. for an enterprise value of approximately $215 million. Demag manufactures and sells all-terrain cranes and large ...

WESTPORT, CT (June 16, 2011) – Terex Corporation (NYSE: TEX) and Terex Industrial Holding AG are pleased to announce an agreement with Demag Cranes AG for a recommended offer to purchase the ...

Terex Corporation has agreed to sell its Demag mobile cranes business to Tadano for approximately US$215 million. The deal, which is subject to regulatory approvals, covers all terrain cranes and ...

WESTPORT, Conn., Aug. 01, 2019 (GLOBE NEWSWIRE) -- Terex Corporation (NYSE: TEX) today announced that it has completed the sale of its Demag® Mo ...

Demag Cranes AG softened slightly its opposition to Terex Corp.'s attempts to buy the company, revealing it would participate in talks with Terex if the U.S. company is willing to raise its offer ...

Demag resistance ends as it accepts new Terex bid Demag board to recommend that shareholders accept $1.4 billion offer. by Staff Writer June 25, 2011 12:00 AM GST July 07, 2021 05:06 PM GST. SHARE. FB ...

U.S. construction-equipment maker Terex formally launched a $1.3 billion unsolicited offer for German rival Demag Cranes, the latest deal to test Germany's tolerance for hostile bids by foreign ...

Demag – a Terex brand – is an internationally-recognised specialist in the design and manufacture of cranes, hoists, drives and handling technology for every application. The company’s ...

Demag – a Terex brand – is an internationally-recognised specialist in the design and manufacture of cranes, hoists, drives and handling technology for every application. The company’s offering also ...