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Judith BennerAirtime Software AG
Good morning, and welcome to DEUTZ’s conference call on the acquisition of Frerk Aggregatebau GmbH. Please note that this call is being recorded, and a replay will be available on deutz.com later today. By participating in this call, you are consenting to this.
And now I am pleased to welcome DEUTZ’s CEO, Sebastian Schulte, who will provide an overview of the acquired company, Frerk Aggregatebau GmbH and the transaction. Afterwards, we will open the floor for your questions. And for your information, we are planning this call to last 30 minutes.
As always, please note the disclaimer, especially regarding forward-looking statements. And with this, I’m handing over to you, Sebastian.
Sebastian SchulteCEO & Chairman of Management Board
Yes. Thank you very much. And also from my side, good morning, in the last week before Christmas to our analysts and investors call. Because yesterday, we signed an SPA to acquire Frerk Aggregatebau in Northern Germany. And Frerk, as I will point out later, is an established German system integrator. And the rationale, and again, I will point that out later in more detail, is to really build up or strengthen our position as DEUTZ in an extremely fast-growing market for backup power solutions, particularly in the field of data centers, critical infrastructure. So all verticals which are growing strongly and where we have a very, very strong right to play and right to win.
What I will cover in this morning’s short presentation is the market perspective, tell you a bit
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