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The SIC Group acquired a stake in Sauter Bachmann AG, a Swiss manufacturer of gears and drive systems. Martin Sauter will retire on January 1, 2023, and Max Bachmann will remain as co-owner and Co-CEO.
“The industrial company Sauter, Bachmann AG was able to find a sustainable Swiss succession solution for Martin Sauter, who will retire on January 1, 2023, with the locally anchored SIC Group.”investec.com
Summarized from public sources; check the original articles before acting on it.