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Announced

Yanmar to acquire CLAAS India from CLAAS Group.

Synopsis

Yanmar Holdings, a industrial equipment manufacturer, agreed to acquire CLAAS India, a manufacturer of agricultural machinery, from CLAAS Group, an agricultural machinery manufacturer. Financial terms were not disclosed. "India is one of the world’s top grain producers and represents a crucial market for our agribusiness. This acquisition will enable us to offer a wider range of products, significantly enhancing Yanmar's presence in India. We look forward to leveraging both companies' strengths to deliver Yanmar's products to more customers," Kemal Shoshi, Yanmar President.

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