EQS-News: Steyr Motors AG completes the acquisition of BUKH A/S – Important step into new markets with high synergy potential

EQS-News: Steyr Motors AG completes the acquisition of BUKH A/S – Important step into new markets with high synergy potential

EQS-News: Steyr Motors AG / Key word(s): Investment/Takeover
Steyr Motors AG completes the acquisition of BUKH A/S – Important step
into new markets with high synergy potential

07.04.2026 / 07:50 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Steyr Motors AG completes the acquisition of BUKH A/S – Important step
into new markets with high synergy potential

• Closing successfully completed: initial consolidation from Q2 2026
• Strategic quantum leap: expansion into a full-range provider (24–700
hp) with significantly higher revenue potential per customer
• Scaling & synergies: strengthening production, sales, and aftermarket
with significant cross-selling potential
• Value-accretive: positive earnings contribution expected already in
the first year of consolidation

Steyr, Austria, 7 April 2026 – Steyr Motors AG ([1]ISIN AT0000A3FW25), one
of the world’s leading companies in the field of customized engines for
mission-critical defense and civil applications, has successfully
completed the acquisition of 100% of the shares in the Danish companies
BUKH A/S and SLC Ejendomme ApS. With this transaction, Steyr Motors
consistently continues its strategic expansion toward becoming a leading
provider of mission-critical defense and marine applications. The initial
consolidation of the BUKH Group will start from the second quarter of
2026.

Julian Cassutti, CEO of Steyr Motors AG, comments: “With the successful
closing of BUKH, we are taking a strategic quantum leap in our marine and
defense business. The expansion of our portfolio, access to new markets,
and the resulting synergy potential lay the foundation for further
international growth.”

With BUKH, Steyr Motors integrates a leading internationally specialist
for SOLAS-certified engines (Safety of Life at Sea) with a globally
established distribution and service network. The transaction
significantly expands the performance range from the previous range of
120–300 hp to a future range of 24–700 hp. This enables Steyr Motors, for
the first time, to offer a nearly complete marine portfolio, significantly
increases revenue potential per customer, and enhances competitiveness in
international tenders.

At the same time, Steyr Motors achieves substantial scaling effects
following the completion of the transaction: sales volume in the SOLAS
segment increases significantly, a second European production site
strengthens the industrial base and enhances supply chain resilience. In
addition, BUKH’s complementary sales network accelerates market access,
particularly in Asia and South America, and opens up additional
cross-selling opportunities.

Strategically, the acquisition is particularly important in the defense
sector. The expanded performance range enables stronger positioning in the
growing market for unmanned surface vessels (USVs). At the same time,
Steyr Motors further strengthens its position in the SOLAS segment, which
is characterized by high regulatory barriers to entry, long spare parts
cycles, and a high-margin, recurring aftermarket business.

The acquisition is expected to have a positive impact on earnings already
in the first full year of consolidation and will sustainably strengthen
Steyr Motors’ operational profitability and EBIT margin in the coming
years.

To ensure a smooth integration process, the former owner and CEO of BUKH,
Søren Christiansen, will remain on BUKH’s Supervisory Board for at least
two years and actively support the integration. As of April 1, Torben
Damberg has assumed the operational leadership of BUKH. The mechanical
engineer has extensive experience across the industrial value chain and
most recently served as CTO/COO at BUKH, where he was responsible for key
parts of the operational business.

Company profile of Steyr Motors AG
Headquartered in Steyr, Austria, Steyr Motors AG is a global leader in the
development and production of high-performance customized special engines
with high power density and durability. The Company’s engines are
primarily used for military special vehicles, boats (both military and
civilian) and as auxiliary power units (“APU”) for main battle tanks and
locomotives.

For further information, please contact:

Steyr Motors AG
Investor Relations
Phone: +43 676 6222 367
Email: [2]ir@steyr-motors.com
[3] www.steyr-motors.com

Press contact
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone: +49 89 125 09 0333
Email: [4]sh@crossalliance.de
[5] www.crossalliance.de

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07.04.2026 CET/CEST This Corporate News was distributed by [6]EQS Group

View original content: [7]EQS News

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Language: English
Company: Steyr Motors AG
Im Stadtgut B1
4407 Steyr
Austria
Phone: +43 7252 2220
E-mail: office@steyr-motors.com
Internet: https://www.steyr-motors.com/de/
ISIN: AT0000A3FW25
WKN: A40TC4
Listed: Regulated Unofficial Market in Frankfurt (Scale); Vienna
Stock Exchange (Vienna MTF)
EQS News ID: 2303034

 
End of News EQS News Service

2303034  07.04.2026 CET/CEST

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References

~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
2. ir@steyr-motors.com
3. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=fa43d7aab0cc6b5f3e5a9bd745396480&application_id=2303034&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
4. sh@crossalliance.de
5. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=a9f6782523c75b88380cf9d9c4273e43&application_id=2303034&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
6. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=f5d50dc7e8798b6eb177f7955e598e60&application_id=2303034&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
7. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=1fc0b3c3cdba97d82404d7012594fba3&application_id=2303034&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news

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