# 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.

- Type: Acquisition
- Announced: 2023-02-28
- Where: Polling, Germany, Germany
- Value: $24.0M (2.00B INR)
- Status: completed
- Products: wheel loaders, tractors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [International Tractors](https://endata.com/companies/42832.md) (investor)
- [Solis Tractors & Agricultural Machinery](https://endata.com/companies/68849.md) (acquirer)
- [Thaler GmbH & CO. KG](https://endata.com/companies/68850.md) (target)

## Sources

- [devdiscourse.com](https://www.devdiscourse.com/article/business/2364341-solis-tractors-acquires-thaler-gmbh-to-enter-wheel-loader-market-invests-rs-200-crores), 2023-02-28: "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"

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