21/01/2022

Schlatter Industries AG

Schlatter strengthens strategic position in wire production plants

The Schlatter Group acquires a majority shareholding of 51% in the Italian company Sokol Engineering S.r.l. With this acquisition, effective January 1, 2022, Schlatter strengthens its strategic position in wire production equipment and takes a further step towards becoming an end-to-end solution provider in the wire industry.

Sokol Engineering S.r.l., based in Tavagnacco (Udine), Italy, develops and builds a comprehensive range of wire production equipment such as cold rolling, wire drawing and stretching lines, generating net sales of EUR 3.0 million per year

The new Schlatter Group company will continue and expand its existing activities under the name Schlatter Italia S.r.l.. The founder of the company, Mr. Sokol Haxhiaj, will continue to support the Schlatter Group as Managing Director and shareholder with his many years of experience

As a result of the takeover, Schlatter's customers will benefit from expanded systems expertise and a comprehensive contact partner along the entire value chain.

Exhibitor Data Sheet