DEUTZ Aktiengesellschaft (XTRA:DEZ) entered into an agreement-in-principle to acquire lower-power-range engines business from Rolls-Royce Power Systems AG on December 13, 2023. Until the transfer of the business is complete, Rolls-Royce's Power Systems division will continue its activities in this business segment unchanged in such a way that customer relationships, delivery and service obligations remain unaffected. The closing is subject to regulatory approvals and is expected to close in mid-2024.

Christoph H. Seibt, Philipp Dohnke, Boris Dzida, Thomas Granetzny, Martin Klusmann, Alexander Schwahn, Marius Scherb, Juliane Ziebarth from Freshfields Bruckhaus Deringer (Germany) acted as legal advisors to DEUTZ Aktiengesellschaft (XTRA:DEZ). In-house at Deutz, the transaction is supported by Fabian Dietrich, Rebecca Weber, Sebastian Nover and Yunis Kaluc as well as Marco Herre. Andreas Thun, Wataru Kamoto from Hogan Lovells, Sherry Gong from Hogan Lovells International LLP, Nikolas Zirngibl, Christoph Wünschmann, Lukas Rengier, Marcus Schreibauer, Sarah-Lena Kreutzman, Tim Joppich, Justus Frank, Bernd Klemm, Falk Loose, Andreas Eggert from Hogan Lovells International LLP and Francesca Lauro from Hogan Lovells Studio Legale acted as legal advisors to Rolls-Royce Power Systems AG.

Tanja Friedrich, Matthias Kugelmann, Till Baumeister, Sandra Keim the inhouse team of Rolls-Royce Power Systems AG supported the transaction.