DEUTZ has revealed that Ardan Livvey Investors (Ardan Livvey), a private investment boutique headquartered in Amsterdam, The Netherlands, has completed the acquisition of a minority 3.9% stake in the German off-highway equipment diesel engine maker.
Ardan Livvey says the acquisition allows them to benefit from DEUTZ’s excellent strategic position concerning electrification trends, alternative drive systems, and more efficient machinery. As such, DEUTZ and Ardan Livvey are well placed to benefit from further industry change.
DEUTZ’s management team has welcomed Ardan Livvey’s investment, and the Cologne-headquartered off-highway engine manufacturer is said to be “receptive to all constructive suggestions on the company’s future development”.
