Morita Buys Magirus Firefighting Business From Mutares
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6 Articles
Mutares Agrees to Sell Magirus Firefighter to Morita for EUR 65 Million While Retaining Defense Operations
The firefighting business has a EUR 780 million order book; Mutares plans to develop the retained Defense unit independently under a new brand. IN BRIEFKEY TAKEAWAYSFAQs Mutares SE & Co. KGaA has signed an agreement to sell the civilian Magirus … Read the full press release →
Morita buys Magirus firefighting business from Mutares
Mutares has signed an agreement to sell the Magirus firefighting business to Japan’s Morita Holdings Corporation, with the defence and security operation excluded from the deal. The agreement was signed on 9 November 2026. The planned acquisition would bring Magirus into the Morita Group, which also includes Finnish aerial rescue and access equipment manufacturer Bronto […]
Morita Holdings, which operates fire engines, will acquire Magirus GmbH (Ulm), a German company in the same industry, as a subsidiary in order to expand its overseas business base and improve its profitability.
Morita agrees to acquire Magirus firefighting business
Mutares has signed an agreement to sell Magirus’ firefighting business to Japan’s Morita Holdings Corporation. Magirus enters the proposed new ownership structure with an order backlog of approximately €780 million. The Defense & Security business is excluded from the deal and will remain with Mutares. Announced on 9 November, the proposed acquisition will bring Magirus into the Morita Group, creating opportunities for collaboration in product d…
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Purchaser Morita is one of the leading manufacturers of fire engines and fire protection technology in Japan. A Magirus division, which is considered to be a future field, is no part of the business.
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