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Mutares agrees to sell Magirus Firefighter business to Morita Holdings

PUBT·11/09/2026 13:22:32
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Mutares agrees to sell Magirus Firefighter business to Morita Holdings
  • Mutares has agreed to sell its Magirus Firefighter business to Japan's Morita Holdings for an equity value of EUR 65 million.
  • The firefighting business expects revenue of about EUR 400 million in 2026, with an order backlog of about EUR 780 million.
  • Morita aims to expand its European business through the acquisition.
  • The defense business will remain with the seller, operating independently under a new brand following closing.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mutares SE & Co. KgaA published the original content used to generate this news brief via EQS News (Ref. ID: corporate_2430856_de) on November 09, 2026, and is solely responsible for the information contained therein.