#Italy #Milan #Terex Corporation #Raimondi Cranes #Talex Straj

Raimondi Cranes Expands Its Portfolio with Strategic Acquisition of Terex Brands

Raimondi Cranes, an Italian powerhouse in heavy lifting solutions, has made waves in the industry with its recent definitive agreement to acquire several key heavy lifting brands from the American corporation, Terex. This strategic move, finalized on September 2, 2025, marks a significant milestone for the company, as it aims to broaden its product offerings and strengthen its foothold in the global heavy lifting market.

The Deal Details

Under the umbrella of Arada Industries, Raimondi is set to acquire the following brands from Terex: Terex Tower Cranes, Terex Self-Erecting Cranes, and Terex Rough Terrain Cranes. Importantly, this transaction also includes the robust service and support infrastructure based in the United States, which bodes well for Raimondi's ambitions to enhance customer support while expanding its market presence.

Luigi Maggioni, CEO of Raimondi Group, remarked on the transformative nature of this acquisition, noting that it is being regarded as the most impactful industry move in the past two decades. This deal represents the largest acquisition in Raimondi's history and reflects its commitment to becoming a leading global player in the heavy lifting arena.

Expanding Offerings

With the addition of Terex's diverse crane solutions, Raimondi not only enhances its offerings in tower cranes but also ventures into new lines of business with self-erecting and rough terrain cranes. This diversification aligns perfectly with the company's growth strategy and opens doors to new opportunities, facilitating access to Terex's extensive global distribution network. These expansions are expected to build shareholder confidence and elevate customer experiences significantly.

Raimondi's strategic foresight is evident in the recognition that integrating Terex's range of cranes will create synergistic benefits, enhancing its capacity to provide a comprehensive and competitive suite of lifting solutions. This expansion will enable Raimondi to cater to the evolving demands of the construction and heavy lifting sectors effectively.

Workforce Expansion and Market Share Goals

As part of this acquisition, approximately 250 dedicated employees from Terex will join Raimondi, bringing with them invaluable training and expertise that will enhance the productivity of the combined entity. This merger encapsulates a broader vision of increasing market share in the global heavy lifting sector, merging the storied legacy of Italian engineering with the innovative applications associated with Terex's established market presence.

New facilities in Fontanafredda and Crespellano, Italy, along with Terex North America's support operations based in Wilmington, North Carolina, will be pivotal in ensuring smooth operational transitions for both employees and clients following the acquisition.

Commitment to Innovation and Quality

Raimondi and Terex share a commitment to innovation, quality, and customer-centric solutions. Maggioni emphasizes that this acquisition reaffirms Raimondi's dedication to meeting industry standards while exceeding customer expectations. By utilizing enhanced manufacturing capabilities and streamlining product segmentation, Raimondi envisions achieving economies of scale that reinforce its market stance.

The integration of Terex's established North American infrastructure speeds up Raimondi's entry into a robust construction sector, further solidifying its already strong positions in Europe and the Middle East. Raimondi assures all stakeholders that the transition will prioritize employee and client continuity, while enhancing overall experiences through expanded resources and capabilities.

Future Prospects

With plans to accelerate annual revenue to $500 million by 2028, Raimondi Cranes, equipped with a top-tier management team and a proven operational track record, is poised for sustained growth. The acquisition underscores the importance of strategic partnerships in advancing technological excellence, operational efficiency, and service delivery within the heavy lifting industry.

Simon Meester, CEO of Terex Corporation, expressed optimism regarding the deal, highlighting that Terex's tower and rough terrain crane divisions stand to gain considerably from becoming part of a globally recognized leader in crane manufacturing. The seamless transition is expected to fortify relationships with existing customers while fostering new ones.

As this landmark acquisition approaches its expected closure in the third quarter of 2025—with necessary regulatory approvals—Raimondi Cranes is on the fast track to redefining the landscape of heavy lifting solutions globally. As they continue to grow and innovate, the industry will undoubtedly watch with keen interest how this dynamic player evolves.