Demag Mobile Cranes seeks partner to gain a stronger market position

Demag Mobile Cranes, the German manufacturer, has confirmed that it is actively seeking a partner to act as a catalyst for its departure from Siemens. This follows Siemens purchase in April of Demag's parent company, Mannesman Atecs, and its subsequent desire to divest itself of non-core businesses.

Bernhard Duser, director of sales and service at Demag, says the move is inspired by market trends and is in preparation for the anticipated consolidation of mobile crane manufacturers. "I would forecast that in a few years' time there will only be three or four major players," he said.

"We are doing good things in Europe and our market shares have developed extremely well. A potential partner would have to be able to help us carve out even stronger positions in other markets such as the US," he added.

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