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John Deere acquires battery company

December 16, 2021/in News, Press Release/by Ben Pike

John Deere acquires battery company: Deere & Company (NYSE: DE) has signed a definitive agreement to acquire majority ownership in Kreisel Electric, Inc. (“Kreisel”), a battery technology provider based in Rainbach im Mühlkreis, Austria. Kreisel develops high-density, high-durability electric battery modules and packs. Additionally, Kreisel has developed a charging infrastructure platform (CHIMERO) that utilises this […]

Bayer raise awareness of mental health at BTME

December 16, 2021/in News, Press Release/by Amy Stinton

Bayer raise awareness of mental health at BTME: Bayer is celebrating a successful 12-month collaboration with mental health charity CALM (Campaign Against Living Miserably) at BTME this year, with a representative from the charity on the Bayer stand for the event’s duration. Timothy Peeling, Bayer product manager, says that with suicide being the biggest killer […]

John Deere acquires battery company

December 16, 2021/in News, Press Release/by Ben Pike

Bayer raise awareness of mental health at BTME

December 16, 2021/in News, Press Release/by Amy Stinton

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John Deere acquires battery company

December 16, 2021/in News, Press Release/by Ben Pike

John Deere acquires battery company: Deere & Company (NYSE: DE) has signed a definitive agreement to acquire majority ownership in Kreisel Electric, Inc. (“Kreisel”), a battery technology provider based in Rainbach im Mühlkreis, Austria.

Kreisel develops high-density, high-durability electric battery modules and packs. Additionally, Kreisel has developed a charging infrastructure platform (CHIMERO) that utilises this patented battery technology.

John Deere acquires battery company

Since 2014, Kreisel has been a leading innovator focused on the development of immersion-cooled electric battery modules and packs for high-performance and off-highway applications. The company has a differentiated battery technology and battery-buffered charging infrastructure offering and currently serves a global customer base across multiple end markets, including commercial vehicles, off-highway vehicles, marine, e-motorsports, and other high-performance applications.

John Deere sees demand growing for batteries as a sole or hybrid-propulsion system for vehicles. Products in Deere’s portfolio such as turf equipment, compact utility tractors, small tractors, compact construction, and road-building equipment could rely solely on batteries as a primary power source. Deere intends to continue to invest in and develop technologies to innovate, deliver value to customers, and work towards a future with zero emissions propulsion systems.

The majority investment in Kreisel Electric will allow Deere to vertically integrate vehicle and powertrain designs around high-density battery packs while leveraging Kreisel’s charging technology to build out infrastructure required for customer adoption.

“Kreisel’s battery technology can be applied across the broad portfolio of Deere products, and Kreisel’s in-market experience will benefit Deere as it ramps up its battery-electric vehicle portfolio. Deere will provide the expertise, global footprint, and funding to enable Kreisel to continue its fast growth in core markets,” said Pierre Guyot, Senior Vice President, John Deere Power Systems. “This is an opportunity to invest in a company with unique technology that’s designed for the demanding conditions where Deere customers work.”

“Furthermore, building an electrified portfolio is key to John Deere’s sustainability goal of pursuing new technologies that reduce the environmental impact of new products and work toward zero emissions propulsion systems on equipment, while increasing our customers’ efficiency and productivity,” Guyot said.

Kreisel Electric will retain its employees, brand name, and trademark, and continue to operate from its current location in Austria to serve its growing customer base. The company was founded by the brothers Johann, Markus and Philipp Kreisel and has approximately 160 full-time employees.

“The Kreisel team looks forward to expanding our base business, leveraging the Deere channel to accelerate adoption of battery-electric vehicles and charging stations, and working with Deere’s vehicle design teams on product advancements,” said Markus Kreisel, who serves as Managing Director, along with his two brothers, at Kreisel Electric.

The transaction requires final regulatory approval in Austria, with closing expected to take place in approximately 60 days. Financial details are not being disclosed.

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Bayer raise awareness of mental health at BTME

December 16, 2021/in News, Press Release/by Amy Stinton

Bayer raise awareness of mental health at BTME: Bayer is celebrating a successful 12-month collaboration with mental health charity CALM (Campaign Against Living Miserably) at BTME this year, with a representative from the charity on the Bayer stand for the event’s duration.

Timothy Peeling, Bayer product manager, says that with suicide being the biggest killer of men under 45 in the UK, Bayer is committed to raising the awareness of mental health in the typically male dominated turf and amenity sectors.

Bayer raise awareness of mental health at BTME

“Taking the time to listen and understand what people are going through is incredibly important. By listening you could be helping far more than you’ll ever know.

“Attendees at BTME will be able to talk to CALM in confidence, as well as find positive practical solutions to deal with mental wellbeing, which resonate with practically minded people,” he explains.

“I encourage anyone who needs someone to talk to pop by the stand, or alternatively use their online service.” Find out more about CALM here: https://www.thecalmzone.net/.

As well as raising the profile of mental health, the Turf Solutions team will be on hand to talk about all things Harmonix^® Tri-Nema.

Colin Mumford, Bayer technical manager, says chafer grub and leatherjacket populations have been on the rise over recent years, with limited solutions to control them.

He explains how Harmonix^® Tri-Nema is different to any other nematode solution on the market.

“Harmonix^® Tri-Nema offers three different modes of activity in one solution, by utilising a unique blend of three entomopathogenic nematodes, providing a more effective distribution through the soil profile, leading to more consistent results,” he says.

For more information visit the Turf Solutions team in the green zone on stand 338 at BTME, alternatively visit www.environmentalscience.bayer.co.uk, call 00800 1214 9451, or email turfsolutions@bayer.com.

Understanding glyphosate

Register now for our ‘Understanding glyphosate’ seminar at BTME. On the 25 January at 2pm our technical manager Colin Mumford will provide all of the latest updates on glyphosate, regulations surrounding the active, as well as advice on best practice when using it.

For the latest industry news visit turfmatters.co.uk/news

Get all of the big headlines, pictures, opinions and videos on stories that matter to you.

Follow us on Twitter and Instagram for fun, fresh and engaging content.

You can also find us on Facebook for more of your must-see news, features, videos and pictures from Turf Matters.

Half Sized Blog Element (Single Author Style)

Half Sized Blog Element (Multi Author Style)

John Deere acquires battery company

Bayer raise awareness of mental health at BTME

John Deere acquires battery company

Bayer raise awareness of mental health at BTME

Full Sized Blog Element (Big Preview Pic)

John Deere acquires battery company

John Deere acquires battery company: Deere & Company (NYSE: DE) has signed a definitive agreement to acquire majority ownership in Kreisel Electric, Inc. (“Kreisel”), a battery technology provider based in Rainbach im Mühlkreis, Austria.

Bayer raise awareness of mental health at BTME

Bayer raise awareness of mental health at BTME: Bayer is celebrating a successful 12-month collaboration with mental health charity CALM (Campaign Against Living Miserably) at BTME this year, with a representative from the charity on the Bayer stand for the event’s duration.

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