1

DEUTZ AG

DEUTZ AG
Leadership team

Dr. Sebastian C. Schulte (Chairman of Management Board, Interim CFO & Labor Director)

Dr. Markus Muller (CTO, CSO & Member of Management Board)

Dr. Petra Mayer (COO & Member of the Management Board)

Products/ Services
Agriculture, Automotive, Innovation Management, Manufacturing
Number of Employees
1,000 - 20,000
Headquarters
Cologne, Nordrhein-Westfalen, Germany
Established
1864
Net Income
20M - 100M
Revenue
Above - 1B
Traded as
ETR:DEZ
Social Media
Overview
Location
Summary
DEUTZ Aktiengesellschaft manufactures diesel and gas engines in Europe, the Middle East, Africa, the Asia Pacific, and the Americas. It operates through three segments: DEUTZ Compact Engines, DEUTZ Customized Solutions, and Other. The DEUTZ Compact Engines segment provides servicing of liquid-cooled engines with capacities of up to 8 liters. The DEUTZ Customized Solutions segment offers air-cooled drives and liquid-cooled engines with a capacity exceeding 8 liters; and reconditioned exchange engines and parts. The Other segment is involved in manufacturing electric and hybrid drive systems for marine applications under the Torqeedo brand; and development of battery management hardware and software products under the Futavis name, as well as focuses on the electrification of drive systems and electric-powered watercraft. The company also offers installation, maintenance, and repair services for engines. Its products are used in various applications, such as construction equipment, agricultural machinery, material handling equipment, ground support equipment, stationary equipment, commercial vehicles, rail vehicles, boats, and other applications. The company was founded in 1864 and is headquartered in Cologne, Germany.
History

The company was founded by Nicolaus Otto, the inventor of the four-stroke internal combustion engine, and his partner Eugen Langen on 31 March 1864, as N. A. Otto & Cie, later renamed to Gasmotoren-Fabrik Deutz after moving operations in 1869 from Cologne to Deutz, located on the opposite side of the Rhine, also called "the wrong side" in Cologne.

In the early years, Otto and Langen were interested only in producing stationary engines, not automobiles. The technical director, Gottlieb Daimler, was eager to produce automobiles. In the middle of the 1870s, it was suggested that he transfer to the company's St. Petersburg factory to reduce his influence. He resigned, taking Wilhelm Maybach with him. Deutz also produced agricultural machines such as combine harvesters and tractors, as well as commercial vehicles such as trucks and buses.

In 1884 Edouard Sarazin, a Belgian patents lawyer and pioneer of automotive engineering, represented 'Gasmotorenfabrik Otto & Langen' and acquired the licence to build Deutz engines in France, which he duly contracted to Perin, Panhard & Cie in Paris. Around 1886/7, he similarly acquired licences to build Daimler engines. His untimely death in 1887 left his widow Louise to develop the business relationships and complete the partnership negotiations.:?p.11?:?p.14?:?p.101?Famous people who have worked for Deutz include Eugen Langen, Nicolaus Otto, Gottlieb Daimler , Wilhelm Maybach , Prosper L'Orange , Ettore Bugatti , and Robert Bosch.

During World War II, the company was ordered to produce artillery and operated under the name Klöckner Humboldt Deutz AG . The factory was almost destroyed by an air raid on the night of the 3rd and 4th of July 1943 .From 1892 to 1970, Deutz built locomotives in the power range from 4 HP to 2000 HP; until 1927 with gasoline engines, and from 1927 increasingly with diesel engine drive.

Commercial vehicles powered by Deutz engines were popular from 1960 to 1980. Fire engines built by Magirus in Ulm, Southern Germany, used an M-shaped logo, with the steeple of the world's tallest church, the Ulm Minster, in its center. After the Magirus-Deutz merger, the company continued to use this logo even though the twin towers of the Cologne Cathedral can be seen from the company headquarters.

Deutz's head office is in the Porz district of Cologne and, as of 2004, was manufacturing liquid and air-cooled diesel engines. The larger engines in the Deutz range were manufactured in Mannheim at a production facility that once belonged to Süddeutsche Bremsen-AG as MWM-Diesel. Deutz also has production facilities in other countries, including Spain, and a joint venture production facility in China. After Deutz took over, the plant specialized in marine engines. This facility now produces engines for marine and power generation, which can run on either fuel oils or fuel gases . In 1995 Deutz sold its agricultural machinery division – Deutz-Fahr – to the Italian company SAME, forming SAME Deutz-Fahr.

In February 2022, CEO Frank Hiller was dismissed and replaced by the supervisory board. Sebastian Schulte replaced him as the interim CEO & CFO. The Chairman of the Supervisory Board, Bernd Bohr, resigned. His successor was Dietmar Voggenreiter.

Mission
We strive to ensure that every Deutz engine reaches its full potential, delivering the highest quality and value to our customers and the environment.
Vision
We want to be the global leader in diesel engine and turbomachine technology and constantly strive to develop innovative products to meet the needs of our customers.
Key Team

Timo Krutoff (Member of Board of Management)

Christian Ludwig (SVP of Communications & Investor Relations)

Dr. Herbert Vossel (Head of Legal & Patents)

Mr. Alexander Stadtler (Head of Asia Region)

Mr. Christian Krupp (Head of Fin. & Controlling)

Dr. Christoph Ballin (Head of Strategy)

Dr. Markus Schwaderlapp (Head of R&D)

Recognition and Awards
Deutz AG has won numerous awards for its engines, including the Design & Innovation Award, the Royal Design Award, and the Best Industrial Performance Award. The company has also been recognized for its commitment to sustainability, winning the CSR Europe Green Award in 2018.
References

Dive deeper into fresh insights across Business, Industry Leaders and Influencers, Organizations, Education, and Investors for a comprehensive view.

DEUTZ AG
Leadership team

Dr. Sebastian C. Schulte (Chairman of Management Board, Interim CFO & Labor Director)

Dr. Markus Muller (CTO, CSO & Member of Management Board)

Dr. Petra Mayer (COO & Member of the Management Board)

Products/ Services
Agriculture, Automotive, Innovation Management, Manufacturing
Number of Employees
1,000 - 20,000
Headquarters
Cologne, Nordrhein-Westfalen, Germany
Established
1864
Net Income
20M - 100M
Revenue
Above - 1B
Traded as
ETR:DEZ
Social Media