The leading automotive technology provider DENSO Corporation announced that it established a DENSO AgriTech Solutions, Inc., a sales company in JV with Certhon Group. The newly formed company focused on providing innovative horticulture solutions.
- The joint venture will offer customers DENSOs agricultural products, such as the Profarm T-cube, and Certhons world leading horticulture products and service.
- Moreover, it will provide next-generation turn-key horticulture solutions, including agronomy consulting and aftermarket-services tailored to customer needs.
- Supported by a business collaboration with Toyota Tsusho Corporation, DENSO AgriTech Solutions will strengthen sales of greenhouse solutions in Japan and other Asian countries.
- By establishing the sales company, DENSO and Certhon will build a sustainable agricultural business by providing the cutting-edge technologies to global growers.
The prominent deals and collaborations by DENSO are mentioned below:
April 2020: DENSO Corporation has announced the investment in Certhon Group (Certhon), operating mainly in Europe and the United States, to expand horticulture business in the global market. Both companies will collaborate to develop and provide greenhouse solutions.
December 2019: DENSO Corporation, has acquired a stake in German start-up company PiNTeam Holding GmbH, a leading vehicle-related software developer. With this deal, DENSO will accelerate the development of software that controls in-vehicle electronic control units (ECUs). In April 2019, DENSO had announced that it would invest approximately US$1.6 billion over the three years to support the development of electrified automotive products, systems, and technologies.
September 2019: DENSO Corporation and Beyond Next Ventures Inc. have established OPExPARK Inc. to develop the businesses by utilizing OPeLiNK
July 2019: DENSO and Smiths Manufacturing (Pty) Limited established a joint venture, DENSO Sales South Africa (Pty) Limited to offer aftermarket products and services in South Africa
July 2019: DENSO and Toyota Motor agreed to establish a joint venture for R&D related to next-generation, in-vehicle semiconductors. The two companies
About DENSO Corporation
DENSO Corporation, is a worlds second-largest mobility supplier, headquartered in Kariya, Japan. The company develops technology and components for almost every vehicle make and model on the road. The company has a network of more than 211 facilities in around 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems for customers across the world. The company has approximately 170,000 employees worldwide.