Tadano has successfully entered into a share purchase agreement to acquire all the shares of Nagano Industry Co., Ltd. with its shareholders.
Nagano Industry Co., Ltd. was founded in 1968 and had sales of 5.6 billion yen in 2022. The company’s products are highly specialized and are used in a wide range of fields, including construction and civil engineering, as well as factories, shipbuilding, and maintenance sites, making it a top manufacturer of self-propelled high-altitude equipment that is highly rated.
Nagano Industry Co., Ltd. is a renowned manufacturer of self-propelled crawler aerial work platforms in Japan, making it a valuable subsidiary of the Tadano Group.
The acquisition of Nagano Industry Co., Ltd. allows Tadano to expand its product offerings to include self-propelled aerial work vehicles – a category in high demand worldwide. With a market share of over 30% in Japan for truck-mounted aerial work platforms, Tadano is poised to leverage Nagano’s advanced development and manufacturing technologies to fuel further growth in the aerial work vehicle business.
The integration of Nagano Industry Co., Ltd. into the Tadano Group signifies a new chapter of growth and collaboration, reinforcing Tadano’s dedication to advancing the aerial work platform industry. As Tadano continues to evolve, the company remains focused on delivering excellence, innovation, and unparalleled value to its customers worldwide.