# 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.

- Type: Partnership
- Announced: 2017-09-11
- Where: Pfullendorf, Germany, Germany
- Status: announced
- Products: telescopic handlers, wheel loaders, compact wheel loaders
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Kramer-Werke GmbH](https://endata.com/companies/6035.md) (partner)
- [Wacker Neuson SE](https://endata.com/companies/6036.md) (partner)
- [John Deere](https://endata.com/companies/15751.md) (investor)

## Sources

- [agriland.ie](https://www.agriland.ie/farming-news/green-light-deere-and-kramer-get-the-go-ahead-for-major-deal/), 2017-09-11: "John Deere is also acquiring an equity stake in the materials handling specialist."
- [agriland.co.uk](https://www.agriland.co.uk/farming-news/green-light-deere-and-kramer-get-the-go-ahead-for-major-deal/), 2017-09-11: "John Deere is also acquiring an equity stake in the materials handling specialist."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.