Tadano Ltd. has officially completed its acquisition of the transportation systems business of IHI Transport Machinery Co., Ltd., marking a significant step in the company’s strategy to expand its global lifting solutions portfolio.
The acquisition, which was finalised on July 1st, follows the establishment of a new entity – IUK Crane Ltd. – on February 17th to facilitate the transfer of the targeted business. With Tadano acquiring 100% of IUK Crane’s shares, the company will now operate as Tadano Infrastructure Solutions Ltd.
Tadano President and CEO Toshiaki Ujiie will serve concurrently as President of the newly formed subsidiary.
The acquisition is aligned with Tadano’s Mid-Term Management Plan and strengthens the manufacturer’s position as a comprehensive provider of lifting and infrastructure solutions. The acquired business brings more than 50 years of engineering experience in the following areas:
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Jib Climbing Cranes
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Port and Large Offshore Cranes
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Wind Power Cranes
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Bulk Handling Systems
These product categories significantly expand Tadano’s reach into industrial, energy, and port sectors, and complement its current lineup of Lattice Boom Crawler Cranes produced in Germany.
“The completion of this acquisition is a key step in expanding our capabilities in the global lifting equipment market,” said Ujiie. “By integrating this business into our group, we are better equipped to serve the evolving needs of our customers and deliver long-term value.”
The acquisition is valued at approximately 15.3 billion yen, although the final purchase price may be subject to adjustment based on the share transfer agreement. Tadano emphasises that the deal underscores its long-term commitment to innovation, diversification, and global leadership in the lifting equipment market.