Raimondi to Acquire Terex Crane Businesses in Major Deal

08 Sep 2025 CW Team

The acquisition significantly expands Raimondi’s product portfolio, strengthening its core in luffing jib and tower cranes while adding new lines such as self-erecting and rough terrain cranes. It also opens access to Terex’s global distribution network, boosting shareholder confidence and enhancing customer experience through broader offerings and advanced after-sales support.

“This transformative move, recognised as the most impactful deal in the industry over the past two decades, is the most significant acquisition in Raimondi’s history,” said Luigi Maggioni, Chief Executive Officer, Raimondi Group. “As market leaders in their segments, the Terex crane businesses and their US-based service hub will enable Raimondi to diversify, deliver synergies, and accelerate sustainable global growth.”

The deal will see around 250 employees join Raimondi, bringing the Group’s total workforce to nearly 400. Assets covered include the Terex Tower and Self-Erecting Cranes facility in Fontanafredda, Italy, the Rough Terrain Cranes facility in Crespellano, Italy, and the US support operations. Raimondi aims to achieve operational efficiencies through enhanced manufacturing capabilities, streamlined procurement, and economies of scale, while also fast-tracking its entry into the North American market—one of the world’s largest construction sectors.

Simon Meester, President and CEO of Terex Corporation, said, “We are pleased to enter this agreement with Raimondi, a manufacturer recognised for innovation and customer service. We believe the Tower and Rough Terrain Cranes businesses will thrive as part of a specialised global crane company.” He added that Terex will work closely with Raimondi during the transition to ensure seamless service and continuity for customers and employees.

The acquisition combines Raimondi’s Italian engineering legacy with Terex’s innovation and market reach, positioning the Group as a global leader in lifting solutions. With integration complete, Raimondi is targeting $500 million in annual revenue by 2028. The transaction is expected to close in the third quarter of 2025, subject to regulatory approvals.

Raimondi Cranes, the Italian heritage manufacturer of heavy lifting solutions under Arada Industries, has entered into a definitive agreement to acquire key crane businesses from US-based Terex Corporation. The transaction includes Terex Tower Cranes, Terex Self-Erecting Cranes, Terex Rough Terrain Cranes, and the North America service and support hub in Wilmington, North Carolina.The acquisition significantly expands Raimondi’s product portfolio, strengthening its core in luffing jib and tower cranes while adding new lines such as self-erecting and rough terrain cranes. It also opens access to Terex’s global distribution network, boosting shareholder confidence and enhancing customer experience through broader offerings and advanced after-sales support.“This transformative move, recognised as the most impactful deal in the industry over the past two decades, is the most significant acquisition in Raimondi’s history,” said Luigi Maggioni, Chief Executive Officer, Raimondi Group. “As market leaders in their segments, the Terex crane businesses and their US-based service hub will enable Raimondi to diversify, deliver synergies, and accelerate sustainable global growth.”The deal will see around 250 employees join Raimondi, bringing the Group’s total workforce to nearly 400. Assets covered include the Terex Tower and Self-Erecting Cranes facility in Fontanafredda, Italy, the Rough Terrain Cranes facility in Crespellano, Italy, and the US support operations. Raimondi aims to achieve operational efficiencies through enhanced manufacturing capabilities, streamlined procurement, and economies of scale, while also fast-tracking its entry into the North American market—one of the world’s largest construction sectors.Simon Meester, President and CEO of Terex Corporation, said, “We are pleased to enter this agreement with Raimondi, a manufacturer recognised for innovation and customer service. We believe the Tower and Rough Terrain Cranes businesses will thrive as part of a specialised global crane company.” He added that Terex will work closely with Raimondi during the transition to ensure seamless service and continuity for customers and employees.The acquisition combines Raimondi’s Italian engineering legacy with Terex’s innovation and market reach, positioning the Group as a global leader in lifting solutions. With integration complete, Raimondi is targeting $500 million in annual revenue by 2028. The transaction is expected to close in the third quarter of 2025, subject to regulatory approvals.

Infrastructure Urban

07 Nov 2025

Welspun Enterprises Wins 910 MLD Panjrapur WTP Contract

Welspun Enterprises (WEL), the infrastructure and energy arm of Welspun World, has secured a major contract from the Brihanmumbai Municipal Corporation (BMC) to design, build and operate a 910 million litres per day (MLD) Water Treatment Plant (WTP) at Panjrapur, Maharashtra.Valued at approximately Rs 31.45 billion, the project encompasses end-to-end civil, mechanical, electrical and instrumentation works, including the construction of a treated water sump and pumping station. Of the total value, nearly Rs 11.56 billion is allocated to Operations & Maintenance (O&M), with an additional..

Infrastructure Energy

07 Nov 2025

Mitsubishi Power Wins Boiler Upgrade Contract for O Mon 1 Plant

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, (MHI), has been awarded a contract to support the oil-to-natural-gas fuel conversion at the O Mon 1 Thermal Power Plant in Can Tho, southern Vietnam. As the OEM of the plant’s existing boiler, Mitsubishi Power will supply key equipment—including new gas burners—and implement a selective catalytic reduction (SCR) system to reduce NOx emissions and help the plant meet stricter environmental standards.The O Mon 1 facility includes two 330 MW units that commenced operations in 2009 and 2015, with all major equipment or..

Equipment

07 Nov 2025

Liebherr’s 10,000th XPower Wheel Loader Joins BERGER’s Fleet

BERGER Rohstoffe GmbH has welcomed the 10,000th Liebherr XPower wheel loader to its operations at the Schlag granite quarry in Passau. The milestone machine, officially handed over at Liebherr’s Bischofshofen plant in May 2025, underscores the long-standing partnership between BERGER, Liebherr, and the Beutlhauser Group. Equipped with Liebherr’s signature power-split travel drive, the new L 580 XPower is already delivering strong results under demanding quarry conditions.At the Schlag quarry, BERGER Rohstoffe processes approximately 200,000 tonnes of Bayerwald granite annually into high-qu..