# SIC Group acquires stake in Sauter Bachmann as succession solution

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.

- Type: Acquisition
- Announced: 2022-04-05
- Where: Netstal, Glarus, Switzerland
- Status: completed
- Products: gears, gearboxes, drive systems
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [SIC Group](https://endata.com/companies/62106.md) (acquirer)
- [Sauter Bachmann AG](https://endata.com/companies/62107.md) (target)

## Sources

- [investec.com](https://www.investec.com/advisory/deals/succession-solution-for-sauter-bachmann/), 2022-04-05: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.