Brief: DEUTZ Says It Acquires SOBEK Group

Deutz AG

01/09/2025 23:50

Sept 1 (Reuters) - DEUTZ AG DEZG.DE:

EQS-ADHOC: DEUTZ ACQUIRES SOBEK GROUP, A SUPPLIER OF ELECTRIC DRIVE SYSTEMS, AND TAPS INTO GROWTH MARKET IN DEFENSE

DEUTZ AG - SIGNS AGREEMENT FOR 100% SHARES IN SOBEK GROUP

DEUTZ AG - BASED ON SOBEK'S EXPECTED PROFITABILITY FOR 2025 FINANCIAL YEAR, PURCHASE PRICE RESULTS IN AN EBITDA MULTIPLE OF AROUND 11X

Source text: ID:nEQ138Y4fa

Further company coverage: DEZG.DE

 ((Reuters.Briefs@thomsonreuters.com;))