on DEUTZ AG (ETR:DEZ)
DEUTZ Acquires SOBEK Group to Enter Defense Sector
DEUTZ AG has signed an agreement to acquire SOBEK Group GmbH, a German supplier specializing in electric drive systems. Headquartered in Hirschberg, SOBEK is recognized for its precision systems used in military drones and other applications. The acquisition marks DEUTZ's strategic entry into the defense market, which presents significant growth opportunities.
The transaction involves 100% of SOBEK's shares, previously held by CEO Dr. Olaf Hahn. SOBEK anticipates revenue in the low to mid-double-digit million-euro range for 2025, with an EBITDA of €10 to €12 million. The purchase price reflects an EBITDA multiple of approximately 11.
DEUTZ plans to finance this acquisition through credit lines and considers a potential capital increase to support the funding. The deal closure is expected shortly.
R. P.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all DEUTZ AG news