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International Growth Strategy Continues: Juffali and Magirus Establish Framework for Strategic Joint Venture in Saudi Arabia

Partnership supports Magirus' planned expansion in the region: Intended joint venture for future business activities in Saudi Arabia / Expansion of Magirus' presence in one of the world's fastest-growing regions / Combining global expertise with strong local market knowledge / Closer to customers through strengthened regional capabilities

Magirus is continuing its international growth strategy and strengthening its presence in one of the world's most dynamic growth regions. Together with Juffali, the company has established a framework for strategic cooperation in Saudi Arabia and across the Middle East and intends to create a joint venture to support future business development in the region. The agreement follows Magirus' previously announced expansion plans in the United Arab Emirates and marks the next step in strengthening the company's regional footprint in the Middle East.

Combining Global Expertise with Strong Local Capabilities

 The partnership combines Magirus' expertise in firefighting, emergency response and protection solutions with Juffali's strong local presence, market knowledge and extensive network. Founded in 1936, Juffali is one of Saudi Arabia's leading private business groups with activities across key sectors including Mobility, Technology, Engineering, and Services Solutions. Through its industrial companies and local manufacturing operations, Juffali has built strong capabilities in manufacturing and industrial services within the Kingdom. Together, both companies aim to strengthen customer proximity, enhance service capabilities and provide even better support to fire services, emergency response organizations and operators of critical infrastructure.

Saudi Arabia and the Middle East: Growth Opportunities Driven by Vision 2030

As Saudi Arabia continues to advance its Vision 2030 agenda, investments in infrastructure, industrial development, resilience and public safety are creating significant opportunities for long-term growth across Saudi Arabia and the wider Middle East. Against this backdrop, Juffali and Magirus intend to combine their strengths to unlock opportunities in sales, service and business development throughout the region.

Closer to Customers, Stronger in the Region: Intended Joint Venture to Support Future Regional Activities

As part of their strategic cooperation, Juffali and Magirus intend to establish a joint venture that will serve as the foundation for future regional business activities. The envisioned structure will support the further development of local capabilities and strengthen Magirus' long-term presence in Saudi Arabia and the wider Middle East.

By expanding its regional presence and building long-term partnerships, Magirus continues to execute its strategy of being closer to customers and supporting them with reliable, practical solutions tailored to their operational needs.


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