Steyr Motors AG

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Steyr Motors AG - overview

Established

2001

Location

Steyr, -, Austria

Primary Industry

Automobiles, Other Vehicles & Parts

About

Steyr Motors AG is a manufacturer specializing in high-performance diesel engines for heavy-duty vehicles and marine applications. The company focuses on designing robust engines that ensure efficiency and reliability across various industries. Founded in 2001 in Steyr, Austria, Steyr Motors AG develops advanced diesel engines. The company was acquired by Mutares from Thales Corporation in September 2022, enhancing its focus on product evolution and service expansion.


Steyr Motors has maintained a consistent strategy in the engine manufacturing sector and currently operates globally with significant markets in Europe, North America, and Asia. In November 2025, Mutares SE & Co. KGaA sold its remaining 23% stake in Steyr Motors AG in a private placement, reallocating 1,213,206 shares to international institutional investors. Steyr Motors’ free float increased to 80% following the transaction, with the company maintaining B&C Holding as its long‑term anchor shareholder retaining a 20% stake in the business.


Steyr Motors AG specializes in the development and production of high-performance diesel engines designed for heavy-duty vehicles and marine applications. Their core product offerings include SE 4-Cylinder and SE 6-Cylinder engines, known for their unit injection systems that enhance performance and efficiency. These engines are tailored to meet the high reliability demands of various sectors, including transportation and maritime industries. Steyr Motors also provides generator sets and engine-optimized software solutions that include digital networking features, ensuring seamless integration with modern technologies.


Serving a global client base, the company caters to markets that require robust and durable engine solutions, with particular emphasis on Europe, North America, and select regions in Asia. Steyr Motors' revenue streams primarily come from developing and selling high-performance, customized engines for defense (military vehicles, tanks) and civilian sectors (maritime, industrial, special off-road, power generation), driven by strong global demand, strategic partnerships (like with Shangyan Power for Asian markets), and an expanding international sales network, including major business in the US (Navy Seals) and Asia.


Current Investors

Mutares, Thales, Phoenix Tree Capital Partners

Primary Industry

Automobiles, Other Vehicles & Parts

Sub Industries

Automobiles, Other Vehicles & Parts

Website

http://www.steyr-motors.com/

Verticals

Manufacturing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Steyr Motors AG - financials

Fiscal Year EndedDec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023
Revenue (USD)--39,225,971.7---
% Revenue Growth (YoY)------
EBITDA (USD)(1,366.6)421,582.42,173,223.8---
Operating Income (USD)(1,366.6)98,9811,373,432.5---
Operating Margin--3.5%---
% EBITDA Margin--5.5%---
NET Income (USD)(1,491.6)71,027.2960,516.4---
% Net Margin--2.4%---

Steyr Motors AG - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Private Placement/Follow onCompletedSteyr Motors AG-
Private Placement/Follow onCompletedSteyr Motors AG-
IPOCompletedSteyr Motors AG-
Secondary BuyoutCompletedSteyr Motors AG-
LP DirectCompletedSteyr Motors AG-

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