DEUTZ to Acquire FFG for €1.6 Billion to Expand Into Military Vehicle and Defence Systems Market
22 Articles
22 Articles
The Cologne-based traditional company Deutz invests in the armaments business. With a billion-dollar expansion, the engine manufacturer wants to take over the armaments specialist FFG and thus expand its defence division.
Deutz is the world's oldest engine manufacturer. The Cologne-based company now wants to benefit from the armament boom and buys a manufacturer of rifle tanks.
The traditional Cologne-based company Deutz is undergoing the transformation from the engine manufacturer to the armaments company. An important step on the way is the takeover of Flensburg military company FFG.
Here you will find information on the topic "Panzer and Transporter". Read now "Flensburger Armaments Company FFG before taking over by Deutz.
The engine manufacturer Deutz is on a shopping tour, one acquisition after the other he announced. Now the company is starting to make a big purchase to strengthen its armaments business.
With Flensburger Fahrzeugbau Gesellschaft, the engine manufacturer Deutz secures access to the business with complete military vehicles. The purchase price amounts to billions
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