Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


July 31, 2015 5:48 AM ET

Machinery

Company Overview of CLAAS KGaA mbH

Company Overview

CLAAS Kommanditgesellschaft auf Aktien mbH manufactures and sells agricultural engineering equipment. The company offers combines, forage harvesters, square balers, transplanters, tractors, telehandlers, forage harvesting machinery, and agricultural systems. It also offers services and parts, including bale packaging materials, lubricants, batteries, camera systems, measuring instruments, workshop equipment, tires, fueling systems, and front weights, as well as ball bearings, belts, chains, double fingers, filters, knives, seats, shear bars, spring tines, and refrigerants. The company sells its products in Germany, France, Central and Eastern Europe, rest of Europe, and other countries. CLAA...

Münsterstrasse 33

Harsewinkel,  33428

Germany

Founded in 1913

11,407 Employees

Phone:

49 52 47 12 0

Key Executives for CLAAS KGaA mbH

Chief Executive Officer of Claas Jinyee Agricultural Machinery
Head of Grain Harvest and Member of Executive Board
Age: 51
Head of Plant Expansion and Technical Director
Executive Vice President of Technology & Quality
Age: 64
General Director of Class Russia
Compensation as of Fiscal Year 2015.

CLAAS KGaA mbH Key Developments

Liebherr-Werk Telfs GmbH and Claas Group Agree OEM Partnership

Liebherr-Werk Telfs GmbH has concluded an OEM partnership agreement with the Claas Group covering the development, production and delivery of substantial numbers of telescopic handlers. The first telescopic handlers will be supplied from series production in early 2018. By that time, the range of Liebherr telescopic handlers will have grown and will continue to be marketed by the Liebherr sales organisation. Claas will procure a selection of telescopic handler models with a modified design from Liebherr. The cooperation with Claas will enable Liebherr to generate additional future sales in the core target segment of construction engineering and industry with sales potential in the field of agriculture.

Kramer-Werke GmbH and the CLAAS Group to End Collaboration in Telescopic Handlers for the Agricultural Sector from 2018

Kramer-Werke GmbH and the CLAAS Group have reached a mutual agreement to terminate their strategic alliance in the area of agricultural telescopic handlers as of 2018. Customers are assured the long-term availability of services and spare parts even after the collaboration has ended. Kramer-Werke GmbH has been developing and manufacturing high-quality agricultural telescopic handlers for CLAAS at its site in Pfullendorf, Germany since 2005. CLAAS distributes the machines worldwide under the CLAAS SCORPION brand. The Wacker Neuson Group markets these telescopic handlers in the construction sector via its own sales organizations under the KRAMER and WACKER NEUSON brands. From 2018 on, the two partners will be operating independently in these telescopic handler markets. The strategic alliance will continue until this time. On termination of the alliance, the Wacker Neuson Group plans to continue to execute its successful sales strategies and does not expect any significant impact on Group revenue and earnings. The agricultural sector is already a key strategic market for the Wacker Neuson Group and will increase in importance. The Group already has a strong position in the agricultural wheel loader and telescopic handler segment through its WEIDEMANN brand, which has a long tradition in the sector. In future, the group aims to strengthen the WEIDEMANN brand by expanding the portfolio to include high-quality telescopic handlers with lifting heights of over 6 meters. This will also enable the KRAMER brand to offer its sales partners and customers an even more attractive and extensive range of wheel loaders and telescopic handlers under its green agricultural line.

CLAAS Plant to Open New Workshops in Krasnodar in October 2015

CLAAS Plant to open new workshops in Krasnodar in October 2015. opening new shops will bring the assembly of the CLAAS combines and tractors to a new level of localization. Thus, a full cycle of assembly production will be created in the regional capital. Complex operations on welding and painting of bodies of agricultural equipment, attachments and accessories will be produced in Krasnodar. About €120 mmillion was invested in the construction of the production.

Similar Private Companies By Industry

Company Name Region
Adams Armaturen GmbH Europe
DECKER Anlagenbau GmbH Europe
Mayer Vertriebsgesellschaft mbH Europe
ELB-SCHLIFF Werkzeugmaschinen GmbH Europe
Groz-Beckert KG Europe

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CLAAS KGaA mbH, please visit www.claas.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.