John Deere announced back on July 6 that it planned to invest in German machinery manufacturer Kramer-Werke GmbH to create a “long-term alliance”.
The proposed deal, between John Deere and Kramer (a division of Wacker Neuson SE), has now been approved by anti-trust authorities in the European Commission.
This will enable the supply of “material-handling equipment solutions” for distribution through John Deere’s dealer network – under the Kramer trademark.
Source:http://www.agriland.ie/farming-news/green-light-deere-and-kramer-get-the-go-ahead-for-major-deal/
