DEUTZ acquires developer of electrification solutions UMS

DEUTZ acquires developer of electrification solutions UMS

Cologne, April 6, 2025 – Today, DEUTZ Group signed a purchase agreement for 100% of the shares in UMS Holding B.V. ("UMS"), based in Oss, The Netherlands. UMS is a developer and provider of electrification solutions, especially for off-highway vehicles, and operates as an advanced start-up technology company on the cusp of industrializing its electrification products. According to the Management Board, this acquisition brings DEUTZ into a strategically important growth market, which could offer significant opportunities.

UMS already has an order backlog and letters of intent in the high double-digit million-euro range, including from market-leading, international OEM customers. In addition, the company is in specific project talks with other customers from the construction machinery and defense industries, among others. DEUTZ expects its New Technology division to benefit considerably from UMS's technology portfolio and customer access and, together with the DEUTZ Group's industrialization expertise, to significantly accelerate the scaling of UMS' technology in the coming years.

UMS employs around 60 people and had revenues of around €10 million in 2024, with earnings (EBITDA) slightly below break-even. The parties have agreed not to disclose the purchase price. DEUTZ will finance the acquisition from cash and existing credit facilities.

The closing of the acquisition is subject to customary conditions, in particular the issuance of the necessary regulatory approvals, and is expected in the course of the first half of 2025.
 

Contact:
Mark Schneider | Head of Investor Relations, Communications & Marketing
Tel.: +49 (0)221 822-3600 | Email: Mark.Schneider@deutz.com

Forward-looking statements: This ad hoc disclosure may contain certain forward-looking statements based on current assumptions and forecasts made by the DEUTZ management team. Various known and unknown risks, uncertainties, and other factors may lead to material differences between the actual results, the financial position, or the performance of the DEUTZ Group and the estimates and assessments set out here. These factors include those that DEUTZ has described in published reports, which are available at www.deutz.com. The Company does not undertake to update these forward-looking statements or to change them to reflect future events or developments.