One of Australasia’s largest, privately-owned farm machinery distributors, Landpower is building a new $10 million complex adjacent to Hamilton Airport.
Patriarch Helmut Claas is handing over the reins to his daughter Cathrina Claas Muhlhauser, who takes up the position of chairwoman of the shareholders committee.
At 44 years-old, she becomes the third generation of the family to hold the role.
Ninety-four-year old Helmut, son of company founder August Claas, has held the role for 25 years and will now become honorary chairman.
During his time as chairmen, Claas has seen a rapid expansion – particularly in its presence beyond Europe – with production and sales now located in places like India, the USA, Russia, China and South America. Along the way, the company also acquired French tractor manufacturer Renault in 2003 to add prime movers to its machinery portfolio.
On the product front, during the same period, the German-headquartered company introduced the industry-leading Lexion combine harvesters in 1995 and the Jaguar self-propelled forage harvester ranges, which also holds a commanding position in the market.