Announced
Synopsis
Deutz, an internal combustion engine manufacturer, agreed to acquire off-highway engines business from Rolls-Royce Power Systems, engines and propulsion equipment designer and manufacturer. Financial terms were not disclosed. “With the takeover of the sales and service operations from Rolls-Royce Power Systems, we are taking the next major step towards growth in our business with modern internal combustion engines. This is an important element that will help us play an active role in the consolidation of the market,” Sebastian C. Schulte, Deutz CEO.
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