The acquisition is subject to regulatory approval. Yanmar Group will acquire 100 percent in Tedom, the parties signed the agreement on Wednesday.
Jet Investment has owned Tedom since 2019. “Since the acquisition, we have succeeded in developing the Tedom Group into a truly global player. Tedom is now not only a supplier of cogeneration units and their service provider, but also a supplier of complex energy solutions,” said Oldřich Šoba, project director of Jet Investment.
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Tedom has been involved in the development, production and operation of cogeneration units for over 30 years. It has four production and development plants in the Czech Republic and several foreign business branches. The entire group has over 900 employees. For 2023, the group had sales of 5.8 billion crowns, a year-on-year increase of 30 percent. Jet Investment stated that it expects this year’s sales to be around eight billion crowns.
“With this strategic move, we will combine Tedom’s expertise in cogeneration and energy services with Yanmar’s global reach and innovative technologies. The strengths of the two companies complement each other, creating a strong foundation for future growth,” added Peter Aarsen, CEO of Yanmar Energy Systems International.
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Yanmar Group Acquires Tedom Group: A Strategic Move in the Energy Sector
In a recent development, Yanmar Group, a leading global player in the energy sector, has signed an agreement to acquire 100 percent of Tedom Group, a Czech-based company specializing in cogeneration units and complex energy solutions [[2]]. The acquisition is subject to regulatory approval and marks a significant step in Yanmar’s growth strategy.
About Tedom Group
Tedom Group has been involved in the development, production, and operation of cogeneration units for over 30 years. The company has four production and development plants in the Czech Republic and several foreign business branches, with a total of over 900 employees. In 2023, the group reported sales of 5.8 billion crowns, representing a year-on-year increase of 30 percent. Jet Investment, which has owned Tedom since 2019, expects this year’s sales to reach around eight billion crowns.
Yanmar Group’s Expansion in the Energy Sector
Yanmar Group, a Japanese company, has been a pioneer in the energy sector, providing innovative solutions such as gas heat pump technology, which offers heating and cooling while saving thousands of dollars in power use for air conditioning [[1]]. With this strategic acquisition, Yanmar aims to combine Tedom’s expertise in cogeneration units with its own energy systems, further expanding its presence in the global energy market.
Benefits of the Acquisition
The acquisition is expected to bring significant benefits to both parties. Yanmar Group will gain access to Tedom’s expertise in cogeneration units, enabling it to offer a more comprehensive range of energy solutions to its customers. Tedom, on the other hand, will benefit from Yanmar’s global presence and resources, enabling it to further expand its business and reach new markets.
Conclusion
The acquisition of Tedom Group by Yanmar Group is a strategic move that marks a significant milestone in the energy sector. The combined expertise and resources of the two companies will enable them to offer a wider range of innovative energy solutions to customers around the world. As the global demand for energy solutions continues to grow, this acquisition positions Yanmar Group as a leading player in the industry.
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TEDOM UK
Yanmar Group Acquires Tedom Group: A Strategic Move in the Energy Sector
In a recent development, Yanmar Group, a leading global player in the energy sector, has signed an agreement to acquire 100 percent of Tedom Group, a Czech-based company specializing in cogeneration units and complex energy solutions [[2]]. The acquisition is subject to regulatory approval and marks a significant step in Yanmar’s growth strategy.
About Tedom Group
Tedom Group has been involved in the development, production, and operation of cogeneration units for over 30 years. The company has four production and development plants in the Czech Republic and several foreign business branches, with a total of over 900 employees. In 2023, the group reported sales of 5.8 billion crowns, representing a year-on-year increase of 30 percent. Jet Investment, which has owned Tedom since 2019, expects this year’s sales to reach around eight billion crowns.
**Yanmar Group’s Expansion in the Energy
