Demag Cranes AG – We Can Handle It. Demag Cranes AG is one of the world’s leading suppliers of industrial cranes, crane components, harbour cranes and port automation technology. Services, in particular maintenance and refurbishment services, are another key element of the Group’s business activities. In financial year 2010/2011, the Group, with some 6,000 employees, generated revenue of EUR 1,062.3 million. Since August 2011, the Terex Group in the United States has held a majority share in the company.