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][email protected]
   [3]www.steyr-motors.com

   Press contact
   CROSS ALLIANCE communication GmbH
   Susan Hoffmeister
   Phone: +49 89 125 09 0333
   Email: [4][email protected]
   [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:      [email protected]
   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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