Krone joins forces with axle manufacturer Gigant
Boosting efficiency of purchasing, manufacturing and R&D

Spelle/Dinklage in January 2013. The German axle manufacturer Gigant Trenkamp & Gehle GmbH and the Krone group decided to deepen their excellent collaboration they have maintained for many years and take advantage of the proven expertise in axle manufacturing offered by Gigant Trenkamp & Gehle GmbH – which in future will form a company within the Krone group – to develop innovative axle assemblies and chassis for Krone's agricultural and utility equipment. In addition, the companies intend to create and exploit synergies in the areas of purchase, manufacturing and aftersales services.

Trenkamp & Gehle is a medium-sized and family-run company that is based in the north German town of Dinklage. The company looks back on more than 60 successful years in the utility vehicle market and at more than 40 years as a supplier of axle assemblies for Krone's commercial trailers. Its product line ranges from lightweight 5.5-7.0t axles to heavy-duty and semi-trailer axle assemblies. Courtesy of their robust design and build, these axles present excellent solutions for agricultural equipment as well. The company’s product range already offers the super lightweight and low-maintenance ‘Euro’ axle for standard semi trailers in the utility vehicle sector, which features disc and drum brakes as well as compact bearings.

Forged by two family-run companies that are both based in the Federal State of Lower Saxony, this new alliance is a clear statement of commitment to the north German region.

About Gigant Trenkamp & Gehle
Gigant Trenkamp & Gehle are developers, manufacturers and distributors of axles assemblies for trailers and semi trailers. Employing 100 people at its Dinklage base, Trenkamp & Gehle market their products to reputable companies in the construction, farm machinery and commercial trailers industries around the world.
More information about the company is available at <link www.gigant-group.com - external-link-new-window "Opens external link in new window">www.gigant-group.com</link>

About the Krone group
Innovation, expertise and responsibility are the criteria that drive the Krone group, a technology and quality leader who holds a leadership position in the farm machinery and commercial trailer industries. The group currently employs about 3,000 people at its various operations around the world, which generated sales worth nearly €1.4 billion in the past fiscal year. Furthermore, more than 1,000 people find work with Krone's competence partners throughout Germany's northern Emsland region.

More information is available at <link www.krone.de - external-link-new-window "Opens external link in new window">www.krone.de</link>


For queries pertaining to the Commercial Trailers division, please contact:
Frank Albers, Tel. +49 (0)5951 209-200                                                               
or <link frank.albers@krone.de - mail "Opens window for sending email">frank.albers@krone.de
</link>

For queries pertaining to the Agricultural Machinery division, please contact:
Heinrich Wingels; Tel. +49 (0)5977 935-386
or <link heinrich.wingels@krone.de - mail "Opens window for sending email">heinrich.wingels@krone.de</link>