Sebastian Schulte

Chairman of the Board of Management (CEO), Deutz

Search every verified Sebastian Schulte interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Sebastian Schulte, CEO of Deutz AG, announced the company's acquisition of FFG, a manufacturer of military vehicles. Schulte described the deal as a "gamechanger" for Deutz, stating that FFG is expected to generate over one billion euros in highly profitable revenue in the coming year. He characterized the acquisition as a consistent step in Deutz's strategy to evolve from a pure drive manufacturer into a complete system provider, including in the defense sector. Schulte also discussed the rationale behind the acquisition in terms of supply chain resilience. He stated that Europe can no longer rely on other countries or parties outside of Europe, and that it is crucial to achieve sovereignty in this area. He confirmed that critical components, such as tracks, do not come from countries in Asia, including China. Schulte outlined Deutz's long-term focus on three areas: drive systems (including diesel and alternative drives), decentralized energy supply, and defense.