EQS-Adhoc: DEUTZ AG: DEUTZ acquires genset manufacturer Blue Star Power Systems, Inc.
Source: EQS
EQS-Ad-hoc: Based on Blue Star Power Systems’ current level of orders on hand and its own market analysis, the To finance the acquisition, DEUTZ is currently examining various funding structures. In the event that the transaction is fully financed from borrowing, the equity ratio is likely to decrease by a low-single-digit percentage amount, thus remaining well above the target figure of more than 40 percent. Launched by the Company at the start of 2023, the aims of the Dual+ strategy include building up a portfolio that is fit for the future and increasing DEUTZ’s resilience by expanding its product ecosystem. The acquisition of Completion of the transaction is subject to the usual conditions, particularly the necessary regulatory approvals, and is expected to take place in the second half of 2024. Contact
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 End of Inside Information
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Language: | English |
Company: | |
Ottostraße 1 | |
51149 Köln (Porz-Eil) | |
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 |
EQS News ID: | 1935051 |
End of Announcement |
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1935051 27-Jun-