Mutares SE & Co. KGaA has successfully completed the acquisition of Magirus GmbH from IVECO Group, reporting significant operational progress and a strong order backlog.

Target Information

The acquisition of Magirus GmbH by IVECO Group was successfully completed in January 2025. Following this transition, Mutares SE & Co. KGaA has reported significant operational and commercial advancements within the portfolio company. Since joining Mutares, Magirus has implemented a range of transformative initiatives designed to enhance its overall performance.

These initiatives include a reorganization of the management structure, cost optimization programs, improved project governance, and accelerated product development. The objective of these measures is to strengthen the operational model and enhance market responsiveness.

Industry Overview

Magirus operates within the growing sector of commercial vehicle solutions in Germany, an industry that has shown resilience in the face of economic challenges. This sector has experienced considerable demand driven by the ongoing tr