CNH Industrial acquires a majority share in Bennamann

The company's collaboration with Bennamann began in 2019 when the two collaborated on the development of a liquefied natural gas fuel tank for CNH's tractor prototype.

CNH Industrial is expanding its alternative fuel capabilities by acquiring a majority stake in Bennamann, a UK-based expert in capturing, repurposing, and storing fugitive methane emissions for energy use.

Bennamann's infrastructure, in conjunction with CNH Industrial equipment, provides a carbon-negative system that fully supports a circular economy in farming. This move strengthens the leadership position and portfolio in agricultural alternative fuels.

The company's collaboration with Bennamann began in 2019 when the two collaborated on the development of a liquefied natural gas fuel tank for CNH's tractor prototype. CNH's Ventures investment arm purchased a minority share in the company in 2021.

One of agriculture's most pressing environmental challenges is reducing methane and CO2 emissions from biowaste and activities. For more than two decades, CNH Industrial has pioneered sustainable alternative power solutions in agriculture, including the world's first tractor powered by compressed natural gas, the New Holland T6.180 Methane Power.

Alternative fuels and electrification can improve a farmer's operational flexibility, efficiency, and even profitability, while significantly reducing their carbon footprint.

CNH Industrial is a world-class provider of equipment and services. Guided by its objective of Breaking New Ground, which focuses on Innovation, Sustainability, and Productivity, the Company provides strategic direction, R&D skills, and investments that allow its global and regional brands to succeed.