Deutz - Engine Manufacturer Aims to Join the Mega Market Defense with Acquisition of Sobek!
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Business Driver: DEUTZ is one of the world's leading engine manufacturers. Its current portfolio ranges from diesel, gas, and hydrogen engines to fully electric drives used in construction and agricultural machinery, material handling applications such as forklifts or lifts, as well as commercial and rail vehicles. Currently, DEUTZ is being hampered in its core business by challenging economic conditions. Fresh momentum is expected from entering the high-margin defense market, On September 2, Deutz announced the acquisition of the drone propulsion...
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