Krone is investing €40m in a new parts warehouse, logistics centre and offices at Spelle in Germany. Covering around 7.5ha, the new facility is expected to be operational by the end of 2023.

“During the last few weeks we have questioned whether we should go ahead with this investment in these politically uncertain times,” comments Bernard Krone, chair of the Krone Holding supervisory board. “But we have decided to continue on the grounds that both the political crisis and the pandemic serve as a clear reminder to us of the importance of securing domestic food supplies.”

Mr Krone added that farming and agricultural machinery are indispensable. “But in addition to powerful and efficient machines, professional farmers and contractors also need access to a premium and ultrafast supply of parts. This construction helps us to address these challenges and position ourselves as a sustainable, long-term reliable partner for our customers.”