Deutz acquires electrical engineering specialist Sobek – entry into the drone businessAccording to reports from the company and the business press, engine manufacturer Deutz AG is acquiring electrical engineering specialist Sobek. Reading time: min | Bildquelle: DeutzWith this acquisition, Deutz is expanding its business and entering the market for military drones, among other things. The move was well received on the stock market: Deutz shares rose by more than ten percent to €9.84 at times on Tuesday, making them one of the strongest performers on the SDax. A particular focus is on drive systems for unmanned aerial vehicles (UAVs), which are primarily in demand from European drone manufacturers. “With Sobek, we gain direct access to the growing defense market and lay the foundation for strategically developing it beyond traditional drive systems,” emphasizes Deutz CEO Sebastian Schulte.