FFG shapes its next phase of growth – strategic combination with DEUTZ

The family shareholders of FFG have chosen a strategic combination with DEUTZ to unlock the company’s next phase of long-term growth. As part of the DEUTZ Group, FFG will strengthen its ability to invest, innovate and execute at scale while continuing the successful growth trajectory that has characterised the company in recent years.

The family shareholders will become a long-term anchor shareholder in DEUTZ. Through their representation on the Supervisory Board, they will actively shape the Group’s long-term strategic direction and continue to play a key role in its future development.

Norbert Erichsen, Chair of the Family Shareholders, said: “Joining the DEUTZ Group is a strategic decision for the long-term development of FFG. By combining the complementary strengths of both companies, we are creating the conditions to accelerate our development for many years to come.”

The operational management of FFG remains unchanged under Managing Directors Max Heimann and Jörg Kamper. Together with their teams, they are responsible for leading FFG’s continued development as part of the DEUTZ Group and driving the company’s successful growth trajectory.

FFG-Defense will become the DEUTZ Group’s dedicated defence platform, combining FFG’s decades of expertise in military land systems with DEUTZ’s industrial capabilities, international footprint and global sales and service network.

FFG

Click here to read the latest issue of ESD.