Deutz completes sale of Torqeedo to Yamaha

Becky Schultz Vice President of Content, Power Division

03 April 2024

Deutz has announced the completion of the sale of electric outboard and inboard motor manufacturer Torqeedo to Yamaha Motor Co., Ltd. (Yamaha). The transaction value was stated to be “a figure in the high double-digit millions of euros.”

Deutz acquired Torqeedo, a specialist for electric boat drives, in 2017…

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