Deutz AG listed on Frankfurt Stock Exchange for 115 years
OREANDA-NEWS. This year, Deutz AG is celebrating 115 years of being listed on the Frankfurt Stock Exchange. In honour of the occasion, the company's Management Board Chairman officially rang in trading on the Frankfurt stock exchange in a traditional opening bell ceremony. The engine producer also brought a selection of its products for display - Deutz diesel engines used in agricultural machinery and construction equipment.
Gregor Pottmeyer, CFO of Deutsche Börse AG, said, “Deutz AG is a traditional German company which stands for high-quality products. We are delighted to have had such a long relationship and wish Cologne's Deutz AG all the best for the future.”
“It is a particular honour for us to ring the opening bell today to mark our 115 years of being listed on the stock exchange. Last year Deutz celebrated 150 years of existence. Our anniversary this year on the Frankfurt Stock Exchange is another highlight that makes us very happy,” said Dr Helmut Leube, Chairman of Deutz AG's Board of Management.
Deutz was founded in 1864 in Cologne. Today, the company is one of the world's leading independent engine manufacturers and employs approximately 4,000 people. Deutz AG is currently listed on Deutsche Börse's SDAX and has share capital of around €309 million.
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