Demag Cranes AG renamed Terex Material Handling & Port Solutions AG

Düsseldorf,   24. June 2013

 Demag Cranes AG has been renamed Terex Material Handling & Port Solutions AG, and registered at the commercial registry in Düsseldorf. The renaming was approved at the Annual General Meeting of the former Demag Cranes AG on May 15, 2013.

Terex Material Handling & Port Solutions AG is a member of the Terex group, which has owned 82 percent of its shares since August 2011.
The newly named Terex Material Handling & Port Solutions AG is listed in the Entry Standard of Deutsche Börse in Frankfurt, an exchange segment, which is regulated under private law and part of the Open Market. The WKN code (DCAG01), the share code (D9C) and ISIN code (DE000DCAG010) will remain.


About Terex Material Handling & Port Solutions
Through its Material Handling & Port Solutions business segment, Terex Corporation is one of the world’s leading suppliers of industrial cranes, crane components and services under the Demag brand, as well as port technology with a broad range of manual, semi-automated and automated solutions under the Terex® and Terex® Gottwald brands. Terex Material Handling & Port Solutions manufactures in 16 countries on five continents and operates a sales and service network in more than 60 countries.

About Terex
Terex Corporation is a diversified, globally active manufacturer of machinery and equipment. A core activity of Terex Corporation is the provision of reliable, customer-driven solutions for many applications, including the construction, infrastructure, shipping, transportation, quarrying, mining, refining, energy, utility and manufacturing industries. Terex reports in five business segments: Aerial Work Platforms, Construction, Cranes, Material Handling & Port Solutions and Materials Processing. Terex offers financial products and services to assist in the acquisition of Terex equipment through Terex Financial Services. More information can be found at

Contact for media enquiries
Britta Heyn
Corporate Communication Manager
Phone: +49 (0) 211 7102-1020

Contact for investors and analysts
Thomas Gelston
Vice President, Investor Relations
Phone: +1 203 222 5943


Download Press Release (PDF | 166.1 KB)

Conditions for forward-looking statements
This press release contains forward-looking statements relating to the business, financial performance and earnings of Terex Material Handling & Port Solutions AG and its subsidiaries and associates. Forward-looking statements are based on current plans, estimates, projections and expectations and are therefore subject to risks and uncertainties, most of which are difficult to estimate and which in general are beyond the control of Terex Material Handling & Port Solutions AG. Consequently, actual developments as well as actual earnings and performance may differ materially from those which are explicitly or implicitly assumed in the forward-looking statements. Terex Material Handling & Port Solutions AG does not intend or accept any obligation to publish updates of these forward-looking statements.

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