07.09.2009

Ostermann appointed MD of Fantuzzi

Thomas Ostermann has been named vice president and managing director of Terex Cranes with responsibility for the overall management of the recently acquired Fantuzzi and Noell port equipment business.

Ostermann was previously vice president finance for Terex Cranes, a job he has held since joining the company in 2004.
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Thomas Ostermann

Fantuzzi has manufacturing locations in Italy, Germany, and China, while the product range includes Noell straddle carriers, as well Fantuzzi and Noell branded rail mounted and rubber tired gantry cranes, mobile harbor cranes, ship-to-shore cranes, forklifts, side-loaders and reach stackers.

Ostermann said: “We are truly excited to have the Fantuzzi and Noell businesses as part of Terex and will work to ensure that our port equipment customers will benefit from this acquisition. Now we can meet their needs with a full line of port equipment and bring together our diverse port equipment experts to create application solutions. We understand that in the port equipment business, maximum equipment uptime is crucial to our customer’s success. Our team has many years of experience in this business and is available to support our customers globally.”