Tadano Ltd. announced the successful completion of its acquisition of the transportation system business of IHI Transport Machinery Co. Ltd.
This acquisition marks a strategic milestone in Tadano's ongoing effort to expand its product portfolio and enhance value for customers across the globe.
As part of the transaction, a new company named IUK Crane Ltd. was established on Feb. 17th, 2025, to facilitate the transfer of the subject business. On July 1st, 2025, Tadano acquired 100 percent of IUK Crane's shares, making it a wholly owned subsidiary. In alignment with Tadano's strategic direction, the company will be renamed Tadano Infrastructure Solutions Ltd., and Toshiaki Ujiie, president, CEO, and representative director of Tadano Ltd., also will serve concurrently as president of the new subsidiary.
This move advances Tadano's Mid-Term Management Plan and further positions the company as a comprehensive provider of lifting solutions. IHI Transport Machinery's transportation systems business, with more than 50 years of engineering expertise, includes jib climbing cranes, port and large offshore cranes, wind power cranes, and bulk handling systems.
These additions complement Tadano's existing offerings, particularly its lattice boom crawler cranes produced in Germany, and enhance its ability to support customers in industries such as construction, ports and offshore, wind energy and general industrial applications, according ot Tadano.
"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."
The acquisition cost is approximately 15.3 billion yen, or approximately $106,500,000 (however, the final acquisition cost has not been fixed at this time because the price adjustment based on the share transfer agreement has not been completed).
This acquisition underscores Tadano's commitment to innovation, diversification and global leadership in lifting solutions.
For more information, visit www.tadano.com.
