Since August 2011, Terex Corporation in the United States has held a majority share in Demag Cranes AG, which forms its fifth segment Material Handling & Port Solutions. Through Material Handling & Port Solutions, Terex Corporation is one of the world’s leading suppliers 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. Terex Material Handling & Port Solutions manufactures in 16 countries on five continents and operates a sales and service network in more than 60 countries. Demag Cranes AG has been listed in the Entry Standard since March 2013.
In Material Handling the Group develops and manufactures high-quality components, such as rope hoists, chain hoists, travel units and motors, as well as complete cranes under the Demag brand.
Port Solutions covers products and services for ports and terminals, which are sold under the Terex Gottwald brand.