Tadano has finalised the acquisition of the transportation system business of IHI Transport Machinery Co, a subsidiary of IHI Corporation, marking a significant step in its strategy to broaden its product portfolio and reinforce its global presence.

To facilitate the transaction, a new company, IUK Crane, was established in February 2025. Tadano acquired all of IUK Crane’s shares on July 1, making it a wholly-owned subsidiary. The unit will be renamed Tadano Infrastructure Solutions in line with the group’s strategic direction, with Tadano President and CEO Toshiaki Ujiie also serving as its President.

According to Tadano, the integration strengthens its mid-term management plan to position itself as a comprehensive provider of lifting solutions. IHI Transport Machinery brings over 50 years of design and engineering expertise in fields such as jib climbing cranes, large offshore and port cranes, wind power cranes, and bulk handling systems. These capabilities will complement Tadano’s existing line-up, including lattice boom crawler cranes manufactured in Germany, and extend its reach into construction, ports and offshore, wind energy, and industrial sectors 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.”

Speaking to Gulf Construction from its headquarters in Japan, a Tadano spokesman said: “Tadano is committed to strengthening its presence in the Arabian Gulf region and supporting customers with reliable lifting solutions. With this acquisition, we see new opportunities for long-term growth. We are carefully evaluating the best way to combine our strengths and will provide further information at the appropriate time.”

This acquisition underscores Tadano’s commitment to innovation, diversification, and global leadership in lifting solutions. The agreed acquisition cost is around 15.3 billion yen ($103.6 million), though the final figure is subject to price adjustments under the share transfer agreement.

Founded in 1955 with the introduction of Japan’s first hydraulic truck crane, Tadano has grown into a global leader in lifting and access equipment. The company’s products and services focus on safety, quality and efficiency, underpinned by its compliance-driven C+SQE approach. With a strong reputation for reliability and innovation, Tadano continues to serve the construction, energy, and industrial sectors worldwide through a robust global support network.