Turin, 24th January 2023

IDV partners with HORIBA MIRA to become the majority shareholder of its Uncrewed Ground Vehicle division

IDV, the brand of Iveco Group N.V. (MI: IVG) specialised in defence and civil protection equipment, announces today that it has entered into an agreement to acquire a controlling stake in MIRA UGV, the Uncrewed Ground Vehicle (UGV) division of HORIBA MIRA, a global provider of automotive engineering, research and test services, headquartered in the UK.

The agreement combines IDV’s expertise in manufacturing defence vehicles, its technological know-how and global production capabilities with HORIBA MIRA’s position as a sector-leading company in state-of- the-art Uncrewed Ground Vehicle solutions. Thanks to its system integration proficiencies in the widest range of multi-terrain platforms, IDV will leverage the pioneering experience acquired by HORIBA MIRA in remote control, teleoperated and autonomous vehicle technology.

This operation will further support Iveco Group in reaching its long-term strategic goals. Also, with this move, IDV confirms its continuous focus on technological excellence and innovation to deliver the most advanced automotive and protection solutions that meet the evolving needs of the defence sector.