Yanmar Buys Majority Stake in Battery Tech Company ELEO
Yanmar Holdings Co., Ltd., announced it has acquired a majority share in ELEO Technologies B.V., a battery technology company based in the Netherlands, as the Japanese multibillion dollar multinational company aims to advance its electrified powertrain capabilities.The financial terms of the deal were not disclosed, but Yanmar said it acquired a majority share in ELEO through its subsidiary Yanmar Europe B.V., by means of a series of related transactions including a full exit of early-stage investor Lumipol GroupAfter joining the Yanmar Group as part of Yanmar Power Technology Co.…
Yanmar Expands in Denmark
Yanmar Europe BV said it has signed an agreement with the Danish independent service provider VMS Group A/S as a new service agent for commercial marine engines and spare parts. As of today, VMS Group is a registered agent to service Yanmar medium and high commercial marine engines.Kim Rasmussen, CCO of VMS Group, sees great opportunities and good potential in the wide range of marine engines that Yanmar offers. “Due to our many years of experience in the marine business we know Yanmar as a manufacturer of efficient, strong and reliable engines. This is also what ship owners tell us as feedback on Yanmar engines. Furthermore, we find that the innovative technology behind the Yanmar engines plays an important role in the future…
Change of Management at Yanmar
Having reached the age of retirement, Geert Jan Mantel will resign from his position as President of Yanmar Europe B.V. as per June 30, 2014, a position he has occupied since April 1, 2002. He will simultaneously step down as Managing Director of the Yanmar Co. LTD Board of Directors in Osaka, Japan. He has served as a member of the Board since June 2009. Mantel will take the position as Corporate Advisor for the three newest 100% Yanmar owned subsidiaries in Europe, namely Yanmar Construction Equipment Europe S.A.S. of Saint-Dizier in France, Vetus B.V.
Yanmar Introduces new Joystick Control System
Last month, Yanmar Europe BV introduced its new Joystick Control System at the boot Düsseldorf 2013 show. This was the first introduction and demonstration to the European Powerboat market. Compared to other vessel control systems, the Yanmar Joystick Control System is unique as it is the only hydraulic solution available on the market delivering high performance at affordable cost. Yanmar Joystick Control System is superior in comfort, performance and cost. Wil Botman, Area Manager for the Marine Sales Department comments: “With the introduction of the Yanmar Joystick Control System modern boating becomes even more comfortable. Superior…
Yanmar to Show New High-speed Diesel at Hamburg SMM Expo
Yanmar Europe to display its new V-12 marine diesel engine (12AY) at upcoming SMM 2012 trade fair. With easy installation and maintenance, the purpose-built 12AY is ideal for offshore support vessels, ferries, tugs, commercial fishing craft and other demanding applications, says Yanmar. A key element of the improved performance and efficiency is a new staggered injection nozzle and patented combustion chamber design. which allows a very wide rpm range with low fuel consumption and emissions.
