In the autumn of 2001, Siemens sold the core activities of the former Demag (Demag Cranes & Components, Gottwald and MPM) to Kohlberg Kravis Roberts (KKR).
In the autumn of 2001, Siemens sold off the core operations of the former Demag businesses (Demag Cranes & Components, Gottwald, and MPM) to Kohlberg Kravis Roberts (KKR).