{"id":17488,"date":"2021-12-16T19:20:03","date_gmt":"2021-12-16T17:20:03","guid":{"rendered":"https:\/\/www.mequipment.ro\/?p=17488"},"modified":"2021-12-16T19:22:14","modified_gmt":"2021-12-16T17:22:14","slug":"john-deere-va-achizitiona-pachetul-majoritar-din-kreisel-electric","status":"publish","type":"post","link":"https:\/\/mequipment.ro\/en\/john-deere-va-achizitiona-pachetul-majoritar-din-kreisel-electric\/","title":{"rendered":"John Deere to acquire majority ownership in Kreisel Electric"},"content":{"rendered":"

Deere & Company<\/a><\/strong> has signed a definitive agreement to acquire majority ownership in Kreisel Electric, Inc.<\/a><\/strong> (\u201cKreisel\u201d), a battery technology provider based in Rainbach im M\u00fchlkreis, Austria. Kreisel develops high-density, high-durability electric battery modules, and packs. Additionally, Kreisel has developed a charging infrastructure platform (CHIMERO) that utilizes this patented battery technology.<\/em><\/p>\n

Since 2014, Kreisel has been a leading innovator focused on the development of immersion-cooled electric battery modules and packs for high-performance and off-highway applications. The company has a differentiated battery technology and battery-buffered charging infrastructure offering and currently serves a global customer base across multiple end markets, including commercial vehicles, off-highway vehicles, marine, e-motorsports, and other high-performance applications.<\/p>\n

John Deere sees demand growing for batteries as a sole- or hybrid-propulsion system for off-highway vehicles. Products in Deere\u2019s portfolio such as turf equipment, compact utility tractors, small tractors, compact construction, and some road-building equipment could rely solely on batteries as a primary power source. Deere intends to continue to invest in and develop technologies to innovate, deliver value to customers, and work towards a future with zero emissions propulsion systems.<\/p>\n

The majority investment in Kreisel Electric will allow Deere to optimally integrate vehicle and powertrain designs around high-density battery packs while leveraging Kreisel\u2019s charging technology to build out the infrastructure required for customer adoption.<\/p>\n

\u201cKreisel\u2019s battery technology can be applied across the broad portfolio of Deere products, and Kreisel\u2019s in-market experience will benefit Deere as we ramp up our battery-electric vehicle portfolio. Deere will provide the expertise, global footprint, and funding to enable Kreisel to continue its fast growth in core markets,\u201d said Pierre Guyot, Senior Vice President, John Deere Power Systems. \u201cThis is an opportunity to invest in a company with unique technology that\u2019s designed for the demanding conditions where Deere customers work.<\/p>\n

\u201cFurthermore, building an electrified portfolio is key to John Deere\u2019s sustainability goal of pursuing new technologies that reduce the environmental impact of new products and work toward zero emissions propulsion systems on equipment, while increasing our customers\u2019 efficiency and productivity.\u201d<\/p>\n

Kreisel Electric will retain its employees, brand name, and trademark, and continue to operate from its current location in Austria to serve its growing customer base. The company was founded by brothers Johann, Markus, and Philipp Kreisel, and has approximately 160 full-time employees.<\/p>\n

In a joint statement, Johann, Markus, and Philipp Kreisel said the Kreisel team looks forward to expanding its base business, leveraging the Deere channel to accelerate adoption of battery-electric vehicles and charging stations, and working with Deere\u2019s vehicle design teams on product advancements.<\/p>\n

The transaction requires final regulatory approval in Austria, with closing expected to take place in approximately 60 days. Financial details are not being disclosed.<\/p>\n","protected":false},"excerpt":{"rendered":"

Deere & Company has signed a definitive agreement to acquire majority ownership in Kreisel Electric, Inc. (\u201cKreisel\u201d), a battery technology provider based in Rainbach im M\u00fchlkreis, Austria. Kreisel develops high-density,<\/p>\n","protected":false},"author":1,"featured_media":17489,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","footnotes":""},"categories":[46,38,45],"tags":[10392,10395,3653,10396,3,2904,10389,10391,10394,10390,10393],"class_list":["post-17488","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stiri-si-noutati-din-industria-utilajelor-din-romania","category-stiri-utilaje-de-constructii-miniere-si-forestiere","category-stiri-internationale","tag-baterii-electrice-racite-prin-imersie","tag-battery-technology","tag-deere-company","tag-immersion-cooled-electric-battery-module","tag-john-deere","tag-john-deere-power-systems","tag-kreisel-electric","tag-module-si-pachete-de-baterii","tag-pachete-de-baterii-de-inalta-densitate","tag-tehnologie-de-baterii","tag-vehicule-off-highway-electrice-sau-hibrid"],"translation":{"provider":"WPGlobus","version":"3.0.2","language":"en","enabled_languages":["ro","en"],"languages":{"ro":{"title":true,"content":true,"excerpt":false},"en":{"title":true,"content":true,"excerpt":false}}},"yoast_head":"\nJohn Deere to acquire majority ownership in Kreisel Electric - M. 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