Rolls-Royce has completed the sale of the lower power range engines business of Rolls-Royce Power Systems to Deutz.
The sale follows the announcement on 13 December 2023 of an agreement in principle being reached and the sale price is in the high double-digit million euro range.
Dr. Joerg Stratmann, CEO of Rolls-Royce Power Systems, said: “This deal follows the realignment of our strategy to focus on the supply and maintenance of engines and systems primarily from our own production. We are handing over a good business, an excellent customer base and a strong team.”
As a result of the transaction, Deutz will take over the distribution of the mtu Classic series in the lower power range and the mtu engine series 1000 to 1500, which are based on three Daimler Truck engine platforms. These engines are in the 5 to 16 litre displacement class with an output of up to 480 kW and used in a variety of off-highway applications, primarily agriculture and construction.
Power Systems will continue to use engines based on Daimler Truck technology to power railway and military land vehicles, as well as for power generation. The servicing activity related to engines already in use is also part of the sale and, following a transition phase, is expected to be covered exclusively by Deutz-authorised partners from 1 January 2025.
