DEUTZ Aktiengesellschaft (DEZ.F), Wednesday announced an agreement to acquire all shares in Frerk Aggregatebau GmbH, a system integrator for emergency power systems and decentralized energy supply.
The total consideration, valued in the upper double-digit million-euro range, comprises of a cash component and a variable component depending on business development.
The German internal combustion engine manufacturer plans to fund the takeover through debt financing.
The deal is expected to close in the first quarter of 2026.
Currently, DEUTZ's stock is trading at 8.75 euros, up 5.93 percent on the Frankfurt Exchange.
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