Demag becomes Terex Material Handling & Port Solutions

The new business segment consists of two business groups; material handling, comprising the industrial cranes business along with its associated services in most countries. The globally renowned Demag brand will be extended to include the tagline ‘A Terex Brand’ and continues to stand for the industrial cranes, components and related services.

The Port Solutions business unit combines the Gottwald Port Technology business with the port equipment business of Terex; the Gottwald brand has been changed to ‘Terex® Gottwald’ to reflect the integration of the two brands, both renowned in the port industry.

With its combined product portfolio, Terex Port Solutions will offer customers a broad range of manual, semi-automated and automated solutions in the port technology sector.