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Bernard Krone Holding

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Bernard Krone Holding SE & Co. KG
Company typeSE & Co. KG
IndustryHeavy equipment
Founded1906
FounderBernhard Krone
Anna Krone
HeadquartersSpelle
Number of locations
109 Countries[1]
Key people
Dr. David Frink (CEO Group)
Dr. Stefan Binnewies (COO)
Ole Klose (CFO)
Siegfried Wickert
Gero Schulze Isfort
Advisory Board:
Bernard Krone (Chair)
Alfons Veer (Deputy Chairman)
Philip Freiherr von dem Bussche
Dr. Wilhelm-Friedrich Holtgrave
Bernd Meerpohl
Productsagricultural machinery, semi trailers, trailers, tippers, box vehicles, swap systems and others
RevenueIncrease EUR 2.5bn (2022)[1]
Increase EUR 84.6m (2022)[1]
Decrease EUR 64.6m (2022)[1]
Total assetsIncrease EUR 1.687bn (2022)[1]
Total equityIncrease EUR 701m (2022)[1]
Number of employees
5,768 (2022)[1]
WebsiteOfficial website Edit this at Wikidata
Footnotes / references
[1]

The Bernard Krone Holding SE & Co. KG is a German company; it goes back to the year 1906 when Bernhard and Anna Krone founded as a blacksmith's shop in Spelle. The main headquarters are in Spelle and Werlte, Germany.[2] Dr. David Frink is the current CEO of Bernard Krone Holding SE & Co.KG.[3] Bernard Krone is the managing partner.[4][5]

History

Bernhard Krone obtained his Master Smith certificate in 1896. In 1897, he and his wife established a blacksmith shop through a lease in the village of Ochtrup, Germany. In 1906, they founded the Krone company in Spelle. In 1924, the two eldest sons took over management of the company when their father, Bernhard fell ill. At this point, they began to manufacture agricultural machines.[6] In 1962, the third generation of the Krone family, Dr. Bernard Krone, Heinz Krone and Walter Krone began managing the company. A new site in Werlte was established in 1963 and the company expanded to France in 1968.[7] In 2007, Bernard Krone, the fourth generation of the family joined management of the company, and officially took over in 2010.[5] His father, Dr.-Ing. E. h. Bernard Krone passed away in 2022[8][9]

Corporate Structure

The holding company consists of two judicially independent companies:

  • Krone Commercial Vehicle SE
  • Krone Agriculture SE

Krone Commercial Vehicle SE

Krone Commercial Vehicle SE builds trailers, semi trailers, container chassis, changing (swap) systems, steel-clad swap bodies, insulated refrigerated bodies, carriers and superstructures, axles and electricified trailers.[10][11][12][13][14] The company has subsidiaries.[15]

  • BRÜGGEN Oberflächen- und Systemlieferant GmbH in Herzlake, Germany
  • GIGANT GmbH in Dinklage, Germany
  • Knapen Trailers B.V in Deurne, Netherlands
  • RYTLE GmbH in Bremen, Germany

KRONE Agriculture SE

KRONE Agriculture manufactures modern forage harvesting equipment in the village of Spelle in northern Germany. KRONE is one of the German market leaders and the long-term market leader in disc mowers and round balers.[16] The full product range comprises disc mowers, tedders, rotary rakes, forage wagons as well as round and square balers and includes the two SP harvesters BiG M and BiG X. BiG M is a high-capacity mower conditioner that works at widths of 13.20 m. The BiG X precision-chop forage harvester is currently the world's most powerful forage harvester. KRONE markets BiG X in various power bands that range from 500 hp to more than 1,000 hp. As the first mover in the agricultural sector, KRONE has invested in research and development in the forage technology.[17]

References

  1. ^ a b c d e f g h "KRONE_Annual_Report_2021-2022" (PDF). May 30, 2023.
  2. ^ "Fahrzeugwerk Bernard Krone GmbH, manufacturer of the Krone Mega, is based in Werlte, Germany". Archived from the original on 2011-03-15. Retrieved 2011-06-05.
  3. ^ Trailer, KRONE (2023-01-10). "Krone Group increases turnover to 2.5 billion euros". www.krone-trailer.com. Retrieved 2023-05-30.
  4. ^ Trailer, KRONE (2020-01-21). "Strategic move at Krone". www.krone-trailer.com. Retrieved 2023-05-31.
  5. ^ a b "The Krone family business – leaders in agricultural machinery – Made in Germany". Retrieved 2011-06-05.
  6. ^ "KRONE Agriculture: History". www.krone-agriculture.com. Retrieved 2023-05-31.
  7. ^ "More - Inspiring trailers and farm machines". Krone Gruppe. Retrieved 2023-05-31.
  8. ^ "Long-time Krone Group Owner, Dr. Bernard Krone, Passes Away at the Age of 82". www.farm-equipment.com. Retrieved 2023-05-30.
  9. ^ "The other members of the Presiding Board and the Vice-presidents – Dr Jürgen Geissinger, CEO of the Schaeffler Group; Dr.-Ing. E. h. Bernard Krone, owner and Chairman of the Advisory Board of Bernard Krone Holding GmbH & Co. KG; and Dr Dieter Zetsche, Chairman of the Board of Management at Daimler AG – were also unanimously re-elected". Retrieved 2011-06-05.
  10. ^ "PRODUCTS". www.krone-trailer.com. Retrieved 2023-05-31.
  11. ^ "Krone achieved another production record in 2007 when its dedicated plant at Herzlake, operated by longstanding partner Bruggen Komponenten GmbH, delivered over 12,500 steel-clad swap bodies plus a few hundred of more specialised type". Archived from the original on 2011-09-30. Retrieved 2011-06-05.
  12. ^ "Bernard Krone A/S manufactures insulated refrigerated bodies in Scandinavia. It offers various refrigerated trailers. Bernard Krone A/S was formerly known as Krone-Wabash A/S. The company was founded in 1968 and is based in Kjellerup-Hvam, Denmark. Bernard Krone A/S operates as a subsidiary of Bernard Krone Holding GmbH & Co. KG". Archived from the original on October 13, 2012. Retrieved 2011-06-05.
  13. ^ "Krone is a German manufacturer of trailers and semi trailers. The product range comprises semi trailers, swap systems, trailers, and rigid bodywork". Archived from the original on 2011-08-15. Retrieved 2011-06-05.
  14. ^ "The company already has a tradition of over 100 years, and its product portfolio includes curtain siders, insulated trailers and semi-trailers, container chassis, swap bodies, carriers and superstructures". Archived from the original on 2011-07-16. Retrieved 2011-06-05.
  15. ^ "Ever since the production of commercial vehicles in Emsland started 30 years ago, Krone produces at four locations within Europe in cooperation with the long-time expert partner Brüggen. In fall 2011 an additional plant in Turkey will start with the production of semi-trailers". Archived from the original on 2011-08-23. Retrieved 2011-06-05.
  16. ^ "The Krone family business – leaders in agricultural machinery – Made in Germany". Retrieved 2011-06-05.
  17. ^ "This includes disc mowers, rotary tedders, rakes, self-loading forage wagons, large square balers, round balers as well as the self-propelled high performance mower conditioner BiG M and the self-propelled forage harvester BiG X." Retrieved 2011-06-05.