Mutares’ subsidiary to buy Austrian military vehicles maker

(Reuters) -Mutares’s 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)

Close Bitnami banner
Bitnami