Yanmar Holdings Completes Acquisition of TEDOM
Yanmar Completes Acquisition of Czech Energy Leader TEDOM
Prague, Czechia (November 19, 2024) – Yanmar Energy System Co., Ltd., a company under Yanmar Holdings, has finalized its purchase of TEDOM, a leading manufacturer of cogeneration systems based in Czechia. The acquisition officially took effect on November 1, following approval from regulators. TEDOM’s previous owner, Jet Investment, agreed to sell the company to Yanmar on September 4, marking a significant step in Yanmar’s global expansion plans. The financial details of the deal have not been revealed.
TEDOM’s Strong Legacy
Since its founding in the 1990s, TEDOM has gained worldwide recognition for its innovative cogeneration systems, which produce both electricity and heat. Recently, the company has gone beyond traditional engineering to focus on sustainable energy solutions and services, such as decentralized power systems. In 2024, TEDOM made a big move by acquiring Italy’s Intergen, further strengthening its position in the energy market. The company has also achieved record sales of cogeneration units and is now the fastest-growing supplier in its sector, based on customer numbers.
Yanmar’s Perspective
“TEDOM has built a strong reputation across Europe and beyond,” said Peter Aarsen, CEO of Yanmar Energy Systems International. “Their expertise in production, development, and service aligns perfectly with Yanmar’s vision. We’re excited to add TEDOM to our energy division and look forward to combining our strengths to grow together.”
TEDOM’s Goals Moving Forward
Despite the change in ownership, TEDOM’s leadership is confident about the future. “For us, it’s business as usual,” said Ladislav Zeman, CEO of TEDOM. “We’re continuing to grow in the industrial and energy markets. Being part of Yanmar gives us the chance to expand globally while keeping our focus on delivering excellent energy solutions.”
Yanmar’s Plans for TEDOM
Now part of the Yanmar Group, TEDOM is set to play a crucial role in expanding Yanmar’s presence in Europe. Yanmar plans to use TEDOM’s expertise to improve product development, enter new markets, and create efficiencies by sharing resources in manufacturing, procurement, and sales.
About Yanmar
Founded in Osaka, Japan, in 1912, Yanmar is a global leader in diesel engine technology. It introduced the first practical compact diesel engine in 1933 and has since expanded into a wide range of industries, including energy systems, construction equipment, marine, agriculture, and more. Yanmar is committed to providing advanced solutions to address modern challenges and building a sustainable future for communities around the world.
