Deutz Supervisory Board Members Buy Shares as Cologne Plant Faces Restructuring

Two Deutz supervisory board members bought stock worth EUR 53,400 and EUR 99,540 as the engine maker weighs cutting 130 to 200 jobs in Cologne by 2028.

Two members of Deutz's supervisory board have put their own money into the Cologne engine maker's stock, filings show, a move that has drawn attention given the company's ongoing overhaul of its legacy combustion operations.

Dr. Dietmar Voggenreiter acquired shares worth an aggregate EUR 53,400.00 at a price of EUR 10.68 per share, a transaction disclosed on Thursday. That followed a directors' dealings notice published Tuesday detailing a purchase by fellow supervisory board member Dr. Rudolf Maier, who bought stock valued at EUR 99,540.

The purchases land during a stretch of weakness for the share price. Deutz closed Friday at EUR 11.01, up 1.1% on the day, yet the stock has shed 17% over the past 30 days. Since the start of the year, however, it remains up 30%.

Job Reductions Planned in Cologne

Behind the insider buying sits a substantial restructuring at the company's main Cologne plant. According to reports from dpa and Handelsblatt, Deutz is weighing the elimination of 130 to 200 positions by the end of 2028. The cuts would fall primarily on the small-engine segment, which is grappling with weak demand.

Talks with employee representatives have begun, though no final decision has been reached. Company spokesman Lars Boelke told WDR that discussions with labor representatives are underway. The measures reflect a broader push by management to align manufacturing capacity in declining areas with actual demand and to rein in costs.

Berenberg Lifts Target on FFG Deal

Analyst support has arrived alongside the operational adjustments. Lasse Stueben of Berenberg raised his price target on the stock to EUR 16.50 from EUR 13.00, maintaining a "Buy" rating. He described the recent acquisition of FFG, completed more than a month ago, as an important step in the company's transformation.

Investors will get a fuller picture of the company's financial health and the progress of its restructuring when Deutz publishes its quarterly statement for the first three quarters on November 5, 2026. That release will be scrutinized for how weaker small-engine demand is affecting operating results.