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Yanmar takes majority ownership in battery technology company ELEO

Yanmar Holdings Co., Ltd., a privately held multi-billion-dollar multinational company headquartered in Osaka, Japan, has acquired a majority share in ELEO Technologies B.V., a battery technology company based in Helmond, the Netherlands. By integrating ELEO’s advanced, scalable, and modular battery technology, Yanmar says it will further its electrified powertrain capabilities with versatile, customized solutions for