Main sites and basis of consolidation
DEUTZ maintains a very strong presence in the global market. Following the acquisition of Torqeedo and DEUTZ Italy (formerly IML Motori S.r.l.), DEUTZ now has 19 sales companies, nine sales offices and over 800 sales and service partners in more than 130 countries. DEUTZ AG is the executive and operating parent company in the DEUTZ Group; it is headquartered in Cologne, Germany. It has various domestic and foreign subsidiaries, including several companies that perform sales and service functions plus a production facility in Spain. The equity-accounted joint venture DEUTZ Dalian in China produces diesel engines that are primarily destined for the Chinese market.
In addition to DEUTZ AG, eight German companies (31 December 2016: seven) and 17 foreign companies (31 December 2016: twelve) were included in the consolidated financial statements as at 31 December 2017. A complete list of DEUTZ AG shareholdings as at 31 December 2017 is given in the annex to the notes to the consolidated financial statements.