Green light for Kramer, John Deere deal

News Story
- 7 Sep 2017 ( #837 ) - Pfullendorf, Germany
1 min read
(l-r): Martin Lehner (Wacker Neuson, CTO), Cem Peksaglam (Wacker Neuson, CEO), Christoph Wigger (John Deere, Vice President Sales & Marketing)
(l-r): Martin Lehner (Wacker Neuson, CTO), Cem Peksaglam (Wacker Neuson, CEO), Christoph Wigger (John Deere, Vice President Sales & Marketing)
European anti-trust authorities have approved a strategic alliance between Kramer-Werke GmbH, a Wacker Neuson SE company, and John Deere GmbH & Co. KG, a member of the Deere & Company group, USA.

The two parties first announced the deal on 6 July 2017, focusing on the sale of Kramer-branded telescopic handlers and wheel loaders for the agricultural sector.


The European anti-trust authorities have given the parties a thumbs-up, allowing the machines, which are designed by Kramer and feature the Kramer brand, to be distributed by John Deere dealers.

The models in question are already available and will be showcased at Agritechnica in Hannover from November, alongside other agricultural equipment from John Deere.

John Deere is recommending Kramer as the preferred supplier of 13 Kramer-branded all-wheel drive compact wheel loaders and tele-loaders, nine telescopic handlers and a large selection of attachments, accessories and spare parts.

These products will be designed and manufactured at Kramer's site in Pfullendorf, Germany.

"John Deere is also acquiring an equity stake in Kramer. This sends a clear signal to sales partners and underscores the long-term, sustainable nature of this alliance. Now that we have approval from the European anti-trust authorities, we can get things moving," says Cem Peksaglam, who is going to hand over the role of CEO of Wacker Neuson SE to Martin Lehner (CTO and current Deputy CEO).
Merger creates new MH entity in US
Merger creates new MH entity in US 30 Jan 2025 - Charlotte, NC, United States - 1 min read
Clark moves global HQ back to US
Clark moves global HQ back to US 27 Jun 2024 - Dallas, TX, United States - 1 min read
Automated Handling Solutions launched
Automated Handling Solutions launched 5 May 2022 - Chicago, IL, United States - 1 min read
Previously about:
Forklift manufacturers lead Yellow Table Top 50 News Story - 19 Apr 2012 - Wadhurst, United Kingdom - 2 min read
New online order platform launched News Story - 29 Jan 2009 - Doral, FL, United States - 1 min read
Fuel cell integrator presents at Yale meeting News Story - 13 Nov 2008 - Latham, NY, United States - 3 min read
Qatar’s QTerminals gains access to Europe News Story - 24 Aug 2023 - Rotterdam, Netherlands - 1 min read
Briefs News Story - 18 Nov 2021 - 2 min read
Kramer adds telehandler News Story - 17 Dec 2015 - Pfullendorf, Germany - 1 min read
Do you have materials handling news? Submit your news here
Inside The News
In this week’s Forkliftaction News , Hyster-Yale says it is reducing production because of “softer demand” as it reports revenue for Q3 was USD979 million, a drop both year-on-year and quarter-on-quarter... Continue reading

“The connection we have built with Forkliftaction has led directly to customer growth and long-term benefits for us. We look forward to continuing the relationship for years to come...”
- Samuel Silva, Chief Operations Officer, GemOne

Read the full testimonial & more industry messages ♥ here.

To learn what we can do for your marketing [download our latest MEDIA KIT]

Words of support …

Undoubtedly, peer experience plays a crucially important role in our industry and it is extremely valuable for us to be part of the platform, where industry professionals, as well as end users can discuss and learn more about the materials handling world.

Alexandra Artemova, Marketing Specialist

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

“The connection we have built with Forkliftaction has led directly to customer growth and long-term benefits for us. We look forward to continuing the relationship for years to come...”
- Samuel Silva, Chief Operations Officer, GemOne

Read the full testimonial & more industry messages ♥ here.

To learn what we can do for your marketing [download our latest MEDIA KIT]

“The connection we have built with Forkliftaction has led directly to customer growth and long-term benefits for us. We look forward to continuing the relationship for years to come...”
- Samuel Silva, Chief Operations Officer, GemOne

Read the full testimonial & more industry messages ♥ here.

To learn what we can do for your marketing [download our latest MEDIA KIT]

PREMIUM business

Hangzhou Maxlion Machinery Equipment Co., Ltd
3G Standard, Good Products, Good Price, Good Service.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET