Finalized Magirus Completes Acquisition of Achleitner Fahrzeugbau

Source: dpa | Translated by AI 1 min Reading Time

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With the acquisition of Achleitner Fahrzeugbau from Austria, Magirus expands its offerings in the field of defence and security systems ...

Magirus announces the completion of the acquisition of Achleitner Fahrzeugbau from Tyrol. This allows Magirus to offer more in the field of defence and security. Here is an all-terrain armored vehicle created by Achleitner, called PMV Survivor II, in challenging terrain.(Image: Achleitner Fahrzeugbau)
Magirus announces the completion of the acquisition of Achleitner Fahrzeugbau from Tyrol. This allows Magirus to offer more in the field of defence and security. Here is an all-terrain armored vehicle created by Achleitner, called PMV Survivor II, in challenging terrain.
(Image: Achleitner Fahrzeugbau)

Magirus, a wholly owned portfolio company of Mutares, has completed the acquisition of Achleitner Fahrzeugbau, an Austrian specialist based in Radfeld, Tyrol, focused on the design, development, and production of customized vehicles for off-road, police, military, and paramilitary applications. Achleitner, with approximately 120 employees, specializes in custom vehicle bodies, modifications, and advanced all-wheel-drive systems for special vehicles. The Tyrolean company is renowned for its high-quality standards, strong technical expertise, and long-standing partnerships with relevant OEMs. The step is part of a so-called "add-on" acquisition. Magirus benefits from the product portfolio of armored vehicles for security and defence, as well as all-terrain and utility vehicles that perform reliably even in challenging terrain. This transaction also leverages "cross-selling" opportunities to accelerate international market penetration while enhancing the scaling and profitability of the "Infrastructure & Special Industry" segment.

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