John Deere and Kramer-Werke form strategic alliance after EU approval

John Deere's planned investment in Kramer-Werke GmbH (a division of Wacker Neuson SE) has been approved by EU anti-trust authorities. The strategic alliance involves John Deere acquiring an equity stake in Kramer and distributing Kramer-branded telescopic handlers and wheel loaders through its dealer network in Europe, North Africa, CIS and the Near and Middle East.

“John Deere is also acquiring an equity stake in the materials handling specialist.”agriland.ie

• 2 sources
• agriland.ieGreen light: Deere and Kramer get the 'go-ahead' for major deal - Agriland.ieJim BreenSep 11, 2017
• agriland.co.ukGreen light: Deere and Kramer get the 'go-ahead' for major deal - Agriland.ieJim BreenSep 11, 2017

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