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Mutares agrees to sell Magirus Firefighter business to Morita Holdings
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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.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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