Tokyo, Japan – Japanese crane manufacturer Tadano has successfully acquired the transportation systems business of IHI Transport Machinery Company, a key subsidiary of IHI Corporation. The acquisition, valued at 15.3 billion yen ($106 million), significantly enhances Tadano’s position in the global lifting equipment market.
The acquired business includes a range of heavy-duty systems such as Jib Climbing Cranes, Bulk Handling Systems, Port and Offshore Cranes, and Wind Power Cranes. With over 50 years of engineering legacy, these assets complement Tadano’s existing Lattice Boom Crawler Cranes line produced in Germany and expand its reach across industries like construction, wind energy, offshore, and industrial logistics.
Strategic Integration Through IUK Crane
To facilitate the transaction, a new entity named IUK Crane was formed in February 2025. On July 1st, Tadano acquired 100% of IUK Crane’s shares, officially making it a wholly owned subsidiary. In alignment with the company’s strategic goals, the newly integrated division will be renamed Tadano Infrastructure Solutions.
Toshiaki Ujiie, President, CEO, and Representative Director of Tadano, will also assume the role of President of the new subsidiary, consolidating leadership to ensure a smooth transition and aligned vision.
Advancing Global Lifting Capabilities
According to Tadano, the acquisition is a critical step in its Mid-Term Management Plan, which focuses on diversification, product innovation, and global expansion. It positions the company as a comprehensive provider of advanced lifting solutions, tailored to the evolving demands of infrastructure and energy markets worldwide.
“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.”
Tadano emphasized that while the preliminary acquisition cost is 15.3 billion yen, the final price is still subject to adjustments as outlined in the share transfer agreement.
Strengthening Global Presence in Lifting Solutions
This deal underscores Tadano’s commitment to growth through strategic acquisitions, enabling the firm to innovate and lead across the full spectrum of lifting applications, from heavy port and offshore operations to wind energy and advanced construction projects.
With this move, Tadano deepens its technological footprint, enhances customer service capabilities, and reinforces its standing as a global leader in crane and infrastructure lifting systems.
Source: The Arabian Wall Street
