17.06.2015

Terex sells Australian distributor

Asia/Pacific industrial overhead crane company MHE-Demag is expanding its footprint with the acquisition of fellow dealer Demag Cranes & Components (DCC) Australia, from current owner Terex.

DCC Australia and MHE-Demag have already had a close working relationship through Terex, however the two organisations will now move even closer together, merging under the MHE-Demag brand. While key components of the industrial crane ranges will continue to be imported from Terex Material Handling in Germany, the prime manufacturing facilities for the Australian market will
remain in Sydney, Perth and Brisbane.

DCC Australia, was established over 50 years ago and is a strong player in the Australian market for industrial cranes and related services. It has a large installed base, strong brand recognition, and a strong reputation.

The company said: “MHE-Demag Australia will make a significant contribution to the group’s projected sales. More than 130 employees will be added to the currently 1,500 strong MHE-Demag Group workforce. With the addition of MHE-Demag Australia’s branches the group now serves their customers from over 60 locations throughout the Asia-Pacific region. The manufacturing facilities in Sydney, Perth and Brisbane add to the total of eleven factories in eight countries – from Australia over Indonesia, Singapore and Malaysia, through Thailand, Vietnam and the Philippines all the way north to Taiwan”.
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MHE-Demag Australia's management team (L-R) Vince Di Costanzo, Klaus Schilling and Rowland Hudd

Per Magnusson, regional managing director of MHE-Demag added: “We are very pleased to welcome our new colleagues into the family. This is naturally an interesting step forward as it adds a sizeable business volume to our group as well as a new market to our portfolio. It opens up for interesting and competitive business set-ups and also adds a highly competent organisation into our fold, from which we can learn many good practices."

Klaus Schilling, the new Managing Director of MHE-Demag Australia “We will not depart from any proven ways here,” says. “In fact, we are determined to continue to invest to improve our Australian manufacturing facilities even further. At MHE-Demag we always try to be as close as possible to the customer. Our strong presence on the ground is a big part of our success here.” The German draws from over 20 years of experience in the material handling business with MHE-Demag, and was heading MHE-Demag’s Service Division prior to his new post in Australia.