Yanmar Acquires CLAAS, India Combine Manufacturer

JAPAN REPORT

Yanmar Holdings announced Aug. 26, 2024, that it will acquire Claas India, a combine harvester and manufacturer in India, and will acquire all its shares Sept. 30, 2024. The amount of the acquisition was not disclosed. The company has been importing and selling combines from outside India but will now start local production. The acquisition will strengthen the company’s business in India, where the market is expanding. Following the acquisition, CLAAS India’s combine harvesters will be produced and sold under the Yanmar brand.

Source: Yanmar Press Release

PSR Analysis:  With this acquisition, Yanmar secures a combine harvester production base in India, and also expands its product line by marketing combines manufactured by CLAAS under the Yanmar brand. India is the world’s second largest rice producer and demand for combines is expected to grow steadily in the future. The presence of the Yanmar brand in the Indian combine harvester market will be expanded. PSR

Akihiro Komuro is Research Analyst, Far East and Southeast Asia, for Power Systems Research

Akihiro Komuro

Akihiro Komuro is based in Tokyo, Japan. He is responsible for collecting pertinent market data, executing special projects, analyzing forecast trends, attending trade shows across the Far East and Southeast Asia regions, and updating all OE Link™ data for Japan, South Korea, and the nations of Southeast Asia. After studying at Shukutoku University, Mr. Komuro gained extensive experience in the precision instrument and machinery markets and was actively engaged in international trading of marine engine parts. Mr. Komuro is a regular contributor to PSR’s monthly PowerTALK newsletter and provides forecast trend commentary covering the Far East and Southeast Asia regions for PSR’s Quarterly Update Bulletin. Mr. Komuro has worked with Power Systems Research since 2015.

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