◂ Announcements

Feb 28, 2023ACQUISITIONPolling, Germany, Germany

Solis Tractors acquires Thaler GmbH to enter wheel loader market

Solis Tractors & Agricultural Machinery, the flagship company of International Tractors Limited, announced the acquisition of Thaler GmbH & CO. KG, a wheel loader manufacturer based in Polling, Germany. The acquisition entails an investment of Rs 200 crores.

Value

$24.0M (2.00B INR)

Status

Completed

Productswheel loaderstractors

CompaniesInternational Tractors investor Solis Tractors & Agricultural Machinery acquirer Thaler GmbH & CO. KG target

Sectors#Industrial Machinery #Automotive Components

“The latest acquisition by Solis will entail an investment of Rs 200 crores and complement ITL advanced portfolio with high-quality wheel loaders in 19-75 HP range”devdiscourse.com

1 source
devdiscourse.comSolis Tractors acquires Thaler GmBH to enter wheel loader market; invests Rs 200 crores | BusinessANIFeb 28, 2023

Summarized from public sources; check the original articles before acting on it.

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