Gulf Construction Online - Demag snaps up biggest order from kingdom

Saudi Focus

Top officials of Demag and Expertise sign the mega deal.

Demag snaps up biggest order from kingdom

01 June 2022

Demag, one of the world’s leading suppliers of industrial cranes, has snapped up its biggest order in 15 years with the closing of the deal with Saudi-based Expertise Contracting Company for delivery of 79 Demag AC cranes.

A German heavy equipment manufacturer, Demag Cranes is now controlled by Japan-based Tadano via a $215 million deal signed in 2019 with Terex. For the mega order comprising 50 Demag AC 55-3 units, 17 AC 130-5s and 11 AC 250-5s along with one AC 500-8 unit, Expertise had sent a high-level official delegation to Zweibrücken, Germany, for the contract signing ceremony.

This was not only the biggest order for Demag in the last 15 years but also the largest ever from a customer in Saudi Arabia.

A major player in the kingdom, Expertise has been catering to more than 1,500 customers from the petrochemical, oil and gas production industry, energy industry, and other industrial sectors across the Middle East.

Confirming the big supply deal, Expertise said the need for such a large number of high-performance all-terrain cranes arose because of its major contract win from Saudi oil major Aramco.

“Demag cranes have a sterling reputation throughout the Arab world, and our experience reflects that, so it went without saying that they’d be our cranes of choice for this project as well,” remarked Expertise President and CEO Mohammed Ashif.

The German firm’s high-level team at the signing ceremony comprised Tadano Demag CEO Jens Ennen and Tadano Demag Vice President of Production Jan Wieser, Tadano Middle East Senior Sales Manager Deepak Jain and Tadano Middle East Service Technician Benjamin Bernhardt.