German engine maker Deutz aims for more acquisitions, says CEO

Deutz AG

08/10/2024 15:16

COLOGNE, Germany, Oct 8 (Reuters) - German engine
manufacturer Deutz  DEZG.DE  aims to make further acquisitions,
with an eye on companies in the service sector with revenues of
between 10 million and 40 million euros ($11-$44 million), Chief
Executive Sebastian Schulte told Reuters on Tuesday. 
    "Larger acquisitions are also possible," he said, adding
that the company also wants to expand in the defense sector.

($1 = 0.9112 euros)

 (Reporting by Tom Kaeckenhoff, Writing by Miranda Murray,
Editing by Madeline Chambers)
 ((Miranda.Murray@thomsonreuters.com;))