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Inhalt der
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EQS-Ad-hoc: DEUTZ AG / Key word(s): Mergers &
Acquisitions
DEUTZ acquires developer of electrification
solutions UMS
06-Apr-2025 / 15:09 CET/CEST
Disclosure of an inside information acc. to
Article 17 MAR of the Regulation (EU) No 596/2014,
transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the
content of this announcement.
DEUTZ acquires developer
of electrification solutions UMS
Cologne, April 6, 2025 - Today, DEUTZ Group
signed a purchase agreement for 100% of the shares in
UMS Holding B.V. ("UMS"), based in Oss, The
Netherlands. UMS is a developer and provider of
electrification solutions, especially for off-highway
vehicles, and operates as an advanced start-up
technology company on the cusp of industrializing its
electrification products. According to the Management
Board, this acquisition brings DEUTZ into a
strategically important growth market, which could
offer significant opportunities.
UMS already has an order backlog and letters of
intent in the high double-digit million-euro range,
including from market-leading, international OEM
customers. In addition, the company is in specific
project talks with other customers from the
construction machinery and defense industries, among
others. DEUTZ expects its New Technology division to
benefit considerably from UMS's technology portfolio
and customer access and, together with the DEUTZ
Group's industrialization expertise, to significantly
accelerate the scaling of UMS' technology in the
coming years.
UMS employs around 60 people and had revenues of
around €10 million in 2024, with earnings
(EBITDA) slightly below break-even. The parties have
agreed not to disclose the purchase price. DEUTZ will
finance the acquisition from cash and existing credit
facilities.
The closing of the acquisition is subject to
customary conditions, in particular the issuance of
the necessary regulatory approvals, and is expected
in the course of the first half of 2025.
Contact:
Mark Schneider | Head of Investor Relations,
Communications & Marketing
Tel.: +49 (0)221 822-3600 | Email:
Mark.Schneider@deutz.com
Forward-looking statements: This ad hoc
disclosure may contain certain forward-looking
statements based on current assumptions and forecasts
made by the DEUTZ management team. Various known and
unknown risks, uncertainties, and other factors may
lead to material differences between the actual
results, the financial position, or the performance
of the DEUTZ Group and the estimates and assessments
set out here. These factors include those that DEUTZ
has described in published reports, which are
available at www.deutz.com. The Company does not
undertake to update these forward-looking statements
or to change them to reflect future events or
developments.
End of Inside Information
06-Apr-2025 CET/CEST The EQS Distribution Services
include Regulatory Announcements, Financial/Corporate
News and Press Releases.
Archive at www.eqs-news.com
| Language: |
English |
| Company: |
DEUTZ AG |
|
Ottostraße
1 |
|
51149 Köln
(Porz-Eil) |
|
Germany |
| Phone: |
+49 (0)221 822
2491 |
| Fax: |
+49 (0)221 822
3525 |
| E-mail: |
svenja.deissler@deutz.com |
| Internet: |
www.deutz.com |
| ISIN: |
DE0006305006 |
| WKN: |
630500 |
| Indices: |
SDAX |
| Listed: |
Regulated Market in
Dusseldorf, Frankfurt (Prime Standard);
Regulated Unofficial Market in Berlin, Hamburg,
Hanover, Munich, Stuttgart, Tradegate
Exchange |
| EQS News ID: |
2112020 |
|
|
| End of
Announcement |
EQS News Service |
2112020 06-Apr-2025 CET/CEST |