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Yanmar acquires majority ownership in battery technology company ELEO

11-04-2022

Yanmar acquires majority ownership in battery technology company ELEO

Osaka, Japan, and Helmond, the Netherlands – April 4th, 2022 – Yanmar Holdings Co., Ltd., a privately held multi-billion dollar multinational company headquartered in Osaka, Japan, 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.


Read the complete press release at Eleo.tech.

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