EQS-Adhoc: DEUTZ acquires SOBEK Group, a supplier of electric drive systems, and taps into growth market in defense
Source: EQS
EQS-Ad-hoc: DEUTZ acquires SOBEK expects to generate revenue in the low to mid double-digit million-euro range in the current 2025 financial year with around 70 employees, with earnings before interest, taxes, depreciation, and amortization (EBITDA) of approximately The closing of the transaction is expected imminently. The financing of the acquisition is secured through credit lines. In addition, DEUTZ is considering supporting the financing by a capital increase from the authorized capital with the exclusion of pre-emption rights in the amount of no more than 10% of the current share capital, subject to suitable market conditions. Contact 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: | 2191642 |
End of Announcement |
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2191642 02-Sep-