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DEUTZ is taking a look back at a proud time in history. It was 150 years ago that Nicolaus August Otto and Eugen Langen started "N.A. Otto & Cie.", the world's first engine factory – and the progenitor of today's DEUTZ AG. From a small workshop with a handful of employees in the old town of Cologne, there developed an enterprise with strong partners and a globally pre-eminent position in engine technology. Today, DEUTZ employs 4,900 people, and is represented in 130 countries on every continent. 150 years ago, Otto and Langen laid the foundation stone for the motorization of the world, and a freedom of movement without which our modern way of life would be inconceivable. The year 1864 marked the start of a long and dramatic history filled with milestones of significance not only for DEUTZ.

The Company’s operating activities are divided into the segments DEUTZ Classic and DEUTZ Green. The Classic segment, which generated around 97 percent of consolidated revenue in 2021, encompasses all activities related to the development, production, distribution, and servicing of diesel engines as well as the equity-accounted joint venture with Chinese construction equipment manufacturer SANY. All activities connected with non-diesel drives are assigned to the Green segment. This includes all-electric, hybrid-electric, and hydrogen-powered drives as well as mobile rapid charging stations. The DEUTZ subsidiary Torqeedo, which develops and sells electric boat drives, is also included in the Green segment alongside development services provider Futavis, which focuses on high-voltage battery management systems and safety engineering.