Mutares' subsidiary to buy Austrian military vehicles maker

Mutares SE & Co KgaA

01/10/2025 06:43

Oct 1 (Reuters) - Mutares's MUXG.DE subsidiary Magirus will acquire Achleitner Fahrzeugbau, an Austrian company that produces vehicles for military and police operations, the German holding firm said in a statement on Wednesday.

Mutares said the transaction is expected to close in the fourth quarter of 2025, without giving further details.

 (Reporting by Paolo Laudani, Editing by Miranda Murray)

 ((Paolo.Laudani@thomsonreuters.com;))