Tadano Demag and Tadano Faun creditors approve reorganization plans

Tadano Demag GmbH’s and Tadano Faun GmbH’s creditors approved the reorganization plans for both companies. The creditors' meeting unanimously approved the restructuring plan for Tadano Faun. For the Tadano Demag plan, approval was almost unanimous at 99 percent. The management will now systematically continue with the company’s reorganization and the corresponding operational restructuring measures, some …

Tadano Group announces restructuring plan for German operations

Tadano Ltd. announced today the start of a strategic restructuring program for its two German subsidiaries, Tadano Demag GmbH and Tadano Faun GmbH, the core companies of Tadano’s European Operations. The development of the restructuring plan is scheduled to take three months and both companies will further enhance their capacity to serve the needs of …