Announced

Completed

DEUTZ completed the acquisition of Frerk.

Synopsis

DEUTZ, an internal combustion engine manufacturer completed the acquisition of Frerk, a manufacturer and systems integrator for emergency power systems. Financial terms were not disclosed. “Following our successful market entry in the USA, we are establishing DEUTZ as a global provider of emergency power systems with the acquisition of Frerk and are focusing on supplying data centers that are benefiting from the AI ​​boom.This allows us to consistently pursue our strategy of broadening DEUTZ’s reach and making it less dependent on the cyclical business with combustion engines – with a clear focus on high-growth markets where we can leverage our strengths and expertise,” Sebastian Schulte, DEUTZ CEO.

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