Japan-based battery giant GS Yuasa is leasing new premises in Germany to expand its business.
The lead-acid and lithium-ion battery manufacturer has leased around 7,300 square metres of logistics space at Krefeld, in North Rhine-Westphalia, northwest of Düsseldorf.
The lease at the new Segro Logistics Center Krefeld II has a term of more than 10 years and starts in April 2019.
Property firm Segro said the site offers “connections to the highways between the Netherlands, Belgium and the Ruhr region”.
“GS Yuasa employs around 15,000 people at 38 locations in 17 countries. The new and larger location in Krefeld enables the German branch with more than 30 employees to further its growth in sales, marketing and logistics, Segro said.
GS Yuasa could not be contacted for comment as BEST Battery Briefing was published.
Company president Osamu Murao (pictured) said in 2017 GS Yuasa was on track to expand production beyond Japan, as it marked 100 years of operations.
The battery firm’s German expansion comes just a year after it announced it was expanding its push into the lithium battery business by building a €3.5 million ($4.2m) manufacturing plant in Hungary.
