Overview

• Deutz announced the acquisition on September 2 and said the transaction is expected to close shortly.
• Management framed the deal as a diversification beyond combustion engines to gain direct access to a fast-growing defense and drone market.
• Financing is covered by existing credit lines, and Deutz is considering a capital increase of up to 10% of share capital.
• Sobek has about 70 employees across three German sites and projects 2025 revenue in the low-to-mid tens of millions of euros with a significant double-digit EBIT margin, with reports noting its components are used in some Ukrainian drones.
• Deutz did not disclose the purchase price; media inferred roughly €120 million from management comments, the owner Olaf Hahn will stay on for at least 12 months, and Deutz shares rose as much as about 9–10% intraday on the news.