An acquisition announced March 24 came to fruition in Hutchinson, Kan., Monday as Kuhn Group, a Saverne, France-based company completed the acquisition of long-time implement maker Krause Corporation. The purchase creates Kuhn Krause, Inc., a self-standing unit of Kuhn Group and provides Kuhn a new platform for the design and manufacturing of tillage equipment and grain drills in North America.
Thierry Krier, president and CEO of Kuhn North America, Inc., will serve as CEO of the new Kuhn company, while Keith Whitaker will serve as president. Whitaker has been vice president of sales and marketing for Krause Corporation for the past six years.
The new company will continue to be lead by the previous Krause Corporation management team and all Krause employees have been retained, with operations continuing in Hutchinson.
Kuhn Group employees more than 3,500 people worldwide and operates eight manufacturing companies in the United States, France, Brazil and the Netherlands.