# Red Cat Acquires Steyr Motors

> Red Cat offers €39 per share to buy Austrian engine maker Steyr Motors for autonomous maritime growth.
- Title: Red Cat Acquires Steyr Motors · Pulse 2.0 | Shortify
- Summary: Red Cat offers €39 per share to buy Austrian engine maker Steyr Motors for autonomous maritime growth. Red Cat Holdings proposed a €39 per share cash…
- Keywords: red cat, steyr motors, austria, autonomous maritime, acquisition, cash offer, €39 per share, startups, business, Red, Cat, Acquires
- Source: Pulse 2.0 — https://pulse2.com/red-cat-proposes-acquisition-of-steyr-motors-for-e39-per-share
- Author: Amit Chowdhry
- Published: 2026-10-19T19:22:40+00:00
- Read time: 1 min
- Topics: red cat, steyr motors, austria, autonomous maritime, acquisition, cash offer, €39 per share, startups, business
## Red Cat Proposes Steyr Acquisition
Red Cat Holdings announced a voluntary public purchase offer to acquire all outstanding shares of Steyr Motors AG for €39 per share in cash.
## Steyr's Anchor Shareholder Supports Deal
Steyr Motors' anchor shareholder, B&C Holding Österreich, has entered into an irrevocable undertaking to tender its approximately 15% stake into the offer.
## Steyr's Engine Technology
Steyr Motors develops high-performance customized engines for military vehicles, boats, locomotives, and auxiliary power units for tanks.
## Red Cat's Strategic Rationale
Red Cat views Steyr Motors' marine engine technology and European operations as complementary to its Blue Ops uncrewed surface vessel strategy.
## Transaction Details
The €39 offer is a 28.9% premium to Steyr's October 16, 2026 closing price and a 55.8% premium to its 52-week low.
## Key takeaway

Red Cat Holdings proposed a €39 per share cash acquisition of Steyr Motors AG to boost autonomous maritime capabilities.