M&A Deal Summary

Demag Cranes AG Acquires Crane America Services

On January 1, 1998, Demag Cranes AG acquired machinery company Crane America Services

Acquisition Highlights
  • This is Demag Cranes AG’s 1st transaction in the Machinery sector.
  • This is Demag Cranes AG’s 1st transaction in the United States.
  • This is Demag Cranes AG’s 1st transaction in Ohio.

M&A Deal Summary

Date 1998-01-01
Target Crane America Services
Sector Machinery
Buyer(s) Demag Cranes AG
Deal Type Add-on Acquisition

Target

Crane America Services

Miamisburg, Ohio, United States
Crane America Services, Inc. is a provider of crane repair and maintenance services.

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Buyer(S) 1

Buyer

Demag Cranes AG

Dusseldorf, Germany

Category Company
Sector Machinery
DESCRIPTION

Demag Cranes AG, is a supplier of industrial cranes, crane components and services under the Demag brand, as well as port technology with a broad range of manual, semi-automated and automated solutions under the Terex® and Terex® Gottwald brands.


DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ohio M&A 1 of 1
Country: United States M&A 1 of 1
Year: 1998 M&A 1 of 1