News Release

Yanmar drives growth with key acquisitions in Energy and Agriculture

October 31, 2024
Yanmar Europe B.V.

Yanmar continues to expand its global reach with two major acquisitions in September 2024. These strategic steps reflect our ambition to strengthen our leadership and stimulate innovation in critical markets as energy and agriculture.

Energy solutions: TEDOM cogeneration enter Yanmar Group

In the energy industry, Yanmar Energy System Co., Ltd. acquired the TEDOM Group through investment company Jet Investment. Based in the Czech Republic, TEDOM is a leading company in cogeneration and decentralized energy solutions. The company provides a broad range of services, including power generation, energy management, and ESG consulting.

By integrating TEDOM’s expertise in cogeneration with Yanmar’s global operations, Yanmar enhances its ability to offer more advanced and sustainable energy solutions to customers worldwide. This acquisition enables our company to meet the growing demand for efficient, decentralized energy systems. It also aligns with Yanmar’s commitment to supporting the global energy transition through innovative technologies.

Agriculture: CLAAS acquisition in India

In the agricultural sector, Yanmar Holdings Co., Ltd. acquired CLAAS India, a well-known manufacturer of high-quality combine harvesters. This acquisition strengthens Yanmar’s presence in India. The country is one of the world’s largest agricultural markets, where demand for durable and efficient machinery continues to grow.

CLAAS India’s production expertise enables Yanmar to offer a broader range of reliable, high-performance agricultural machinery tailored to the needs of farmers in the region. The acquisition also supports the broader strategy to enhance agricultural solutions in key regions.

Committed to sustainable growth

Both acquisitions underscore Yanmar’s commitment to sustainable growth and innovation across multiple industries. They contribute to strengthening Yanmar’s position to deliver increased value to customers and drive future success.

Inquiries

Yanmar Europe B.V., Marketing Dept.
marketing-yeu@yanmar.com

  • Note: Information contained in the news release is valid at the time of publication and may differ from the most recently available information.

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