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Paul Bartels

Paul Bartels

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Takayuki Onodera (Yanmar) and Bas Verkaik (ELEO) at the signing ceremony.

Yanmar Acquires Majority Ownership in Battery Technology Company ELEO

Yanmar Holdings Co., Ltd., today officially announced it has acquired a majority share in ELEO Technologies B.V., a fast-growing battery technology company based in Helmond, the Netherlands. By integrating ELEO’s advanced, scalable, and modular battery technology, Yanmar will further its electrified powertrain capabilities with versatile, customized solutions for off-road applications.

From sprawling fields to the oceans and our global cities, Yanmar is active in every part of the planet earth that touches our lives. Yanmar maintains an unparalleled reputation for reliability and efficiency based on the strength of its technologies in these domains. We provide innovative and diverse solutions creating new wealth and value for our customers and our community.

With beginnings in Osaka, Japan in 1912, Yanmar was the first ever to succeed in making a compact diesel engine of a practical size in 1933. Moving on, with industrial diesel engines as the cornerstone of the enterprise, Yanmar has continued to expand its product range, services, and expertise to deliver total solutions as an industrial equipment manufacturer. As a provider of small and large engines, agricultural machinery and facilities, construction equipment, energy systems, marine, machine tools, and components — Yanmar’s global business operations span seven domains.
On land, at sea, and in the city, Yanmar’s Mission of “providing sustainable solutions focused on the challenges customers face, in food production and harnessing power, thereby enriching people’s lives for all our tomorrows,” stands testament to Yanmar’s determination to provide us with “A Sustainable Future”.

Yanmar Holdings Co., Ltd.

YANMAR FLYING-Y BUILDING, 1-32 Chayamachi, Kita-ku
530-8311 Osaka
Japan