DEUTZ AG is a leading independent manufacturer of drive systems for off-highway applications, headquartered in Cologne, Germany. The company's core business involves the development, production, distribution, and servicing of diesel, gas, and electric engines. DEUTZ operates through two primary segments: Classic, which encompasses its traditional diesel and gas engine business, and Green, which focuses on alternative drives such as electric, hybrid, and hydrogen-powered solutions. In 2023, the company generated over €2.1 billion in revenue. Its revenue by application segment is highly diversified, with Construction Equipment representing the largest share at 29%, followed by Material Handling (23%), and a highly profitable Service business (23%). Geographically, the EMEA region is its largest market, though it has been expanding its footprint in the Americas through acquisitions like Blue Star Power Systems. DEUTZ is actively pursuing a "Dual+" strategy, aiming to optimize its classic internal combustion engine business while transitioning toward climate-neutral technologies and expanding its high-margin aftermarket service operations.
