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TADANO ( (JP:6395) ) has shared an announcement.
Tadano Ltd. has acquired the transportation system business of IHI Transport Machinery Co., Ltd., forming a new subsidiary named Tadano Infrastructure Solutions Ltd. This acquisition aligns with Tadano’s strategic plan to expand its product offerings and enter new markets, particularly in the field of lifting equipment. The newly acquired business includes a range of cranes and bulk handling systems, with a stable customer base in Japan and potential for global expansion, especially in the offshore wind power sector.
More about TADANO
Tadano Ltd. operates in the heavy machinery industry, specializing in the manufacturing and sales of cranes and lifting equipment. The company is known for its mobile cranes and has recently expanded its product lineup to include fixed cranes, such as tower and port cranes, with a focus on customer safety and environmental considerations.
Average Trading Volume: 314,114
Technical Sentiment Signal: Sell
Current Market Cap: Yen120.7B
See more data about 6395 stock on TipRanks’ Stock Analysis page.