BATTERY SPECIALIST FUTAVIS ACQUIRED
DEUTZ complements its electrification strategy with the important core component “battery in the high-voltage range”. To that end, the company has acquired Futavis GmbH, based in Alsdorf near Aachen, a development service provider of battery management hardware and software.
Futavis offers extensive technical expertise in the fields of electronics, software, battery technology, and battery testing as well as in the safeguarding of functional safety. Torqeedo’s systems expertise in the field of electric drives is thus expanded to include battery technology for high-voltage applications.
Battery technology is an important core element of our E-DEUTZ strategy, which we are further expanding with the acquisition of Futavis. With Futavis we complement the strong systems expertise of our development teams at DEUTZ and Torqeedo and take another important step towards CO2-free off-highway mobility,” says Dr. Frank Hiller, CEO of DEUTZ AG.
Futavis has already developed and implemented numerous systems for well-known customers in the automotive and commercial vehicle sectors. The company employs around 30 people and aspires to achieve annual sales of over five million euros in 2019.
This is the ninth year in a row the Cologne Chamber of Commerce and Industry honored the DEUTZ Training Center for its outstanding achievements in vocational training. Five DEUTZ apprentices were honored with the certificate “The Best” at a ceremony recognizing that they are the best in their respective professions.
DEUTZ was also pleased to receive another award. The city of Cologne honored the company with the certificate “Companies with Vision” for the exploration of occupational opportunities as part of the state initiative “No degree without connection – transition from school to occupation in North Rhine-Westphalia (NRW)”.
As part of its new sustainability strategy, DEUTZ has set various targets for the year 2023, e.g. with regard to reducing emissions from its plants or checking suppliers for compliance with certain environmental, labor, and social standards. The “DEUTZ Sustainability Vision 2023” represents the totality of the objectives.
DEUTZ’s aspiration to achieve economic success in line with the assumption of corporate, social, and ecological responsibility is not only reflected in its sustainability strategy, but also in its recently revised Code of Conduct. In order to ensure that sustainability aspects are considered in day-today work, the Code of Conduct has been supplemented with provisions on labor and social standards, respect for human rights, health and safety, and protection of the environment.
NEW PRODUCTION SITE FOR GEN-SETS IN MOROCCO
The Moroccan DEUTZ subsidiary Magideutz is relocating its Gen-Set production and has set up a new manufacturing facility in Sapino. Sapino will thus become the central production
site for high-performance gensets for the North African market. The plant’s production processes have been completely realigned and set new standards in terms of quality, productivity and occupational safety. The new site offers modern equipment for the production of high-quality DEUTZ gensets on a floor space of approximately 3,420 square meters. They are in great demand as decentralized energy sources in the region.
Bernd Breves, General Manager at Magideutz, explains: “With our new production unit we have significantly increased our production capacity. Compared to the current volume of 1,000 units per year, we now have a target capacity of 3,000 units. This enables us to supply our local customers with our proven product assortment even faster.”