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DEUTZ AG Annual Report 2023

Power boost for Green

DEUTZ is setting up a separate Green organization and thus accelerating its transformation.

Agility, market focus, and speed are the hallmarks of the new Green organization, which DEUTZ is establishing as a separate unit with its own CEO in 2024. Green remains part of DEUTZ, but the new organizational structure gives it a high degree of independence and momentum. In Green, we are creating a space that combines DEUTZ’s 160 years of expertise with a radical customer focus in the green tech field. With a team that demonstrates innovation, resilience, and modern working methods as it designs the solutions of tomorrow.

Green takes an agile, customer-focused approach and is always on the lookout for new business potential beyond just the engine business. In this area, we are focusing on innovative and carbon-neutral drive systems based on a variety of technologies, including electric and hydrogen power.

Our strategic objective is to establish Green as an ecosystem for customer solutions. This ecosystem will encompass all relevant solutions and technologies that will be needed to keep the world moving in the future. Where beneficial, Green will continue to form alliances, forge partnerships, and acquire companies. The Green team thinks outside the box, works collaboratively, and can test disruptive business models. The spirit that motivates the team is a unique blend of agile technology development, the long-term expansion of our green business, and a focus on the needs of customers and markets. The CEO of Green reports directly to the DEUTZ Board of Management.