New tractor and attachment distribution arrangement for Europe
- Stam BV, Netherlands (Subsidiary of ITL Group Company) has announced a strategic partnership with Yanmar
- This collaboration allows STAM BV to develop & enhance the distribution network for Yanmar range of Tractors and Attachments across the European continent
Stam BV is a European subsidiary of the ITL Group, ITL is valued at $1.2 billion and has established itself as a formidable force in the global tractor industry since its inception in 1969. With India’s largest single integrated manufacturing plant, boasting an annual capacity of 300,000 tractors, ITL ranks among the top five tractor manufacturers globally, with a strong presence in over 150 countries, including a notable footprint in Europe.
Yanmar is a renowned name in agricultural machinery established in 1912 in Japan, known for its precision engineering and technological advancements. With over 112 years of experience, Yanmar has built a solid reputation in Europe’s agriculture and landscaping sectors, offering premium tractors recognized for their efficiency and reliability.
Mr. Gaurav Saxena, Director, Stam BV, Netherlands has expressed his views about the collaboration, stating, “We are thrilled to partner with Yanmar in this new venture. Our goal is to deliver the best agricultural solutions to European farmers, and this partnership marks a significant step in achieving that. With ITL’s expertise and our commitment to innovation, we are confident that together we will enhance the agricultural landscape in Europe.”
Mr. Samir Laoukili, President, Yanmar Europe BV stated that “Through this partnership, STAMBV and YANMAR will provide a comprehensive support system, including dedicated training, marketing resources, and after-sales services, empowering dealers and customers to thrive in the competitive European market. This initiative will focus on developing a robust network that ensures seamless access to YANMAR’s top-tier tractors and implements.”
Effective November 1, 2024, Stam BV will lead Yanmar’s agriculture business in the Europe.
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