13.01.2022 06:01:04
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Schlatter strengthens strategic position in wire production plants
Schlatter Industries AG / Key word(s): Acquisition SCHLATTER INDUSTRIES AG - SIX SWISS EXCHANGE: STRN - ISIN: CH0002277314 S c h l i e r e n, 13 January 2022. The Schlatter Group is acquiring a majority stake of 51% in the Italian company Sokol Engineering S.r.l. With this takeover, effective from 1 January 2022, Schlatter is strengthening its strategic position in wire production plants and taking a further step towards becoming a comprehensive 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 company of the Schlatter Group 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.
Schlatter's customers will benefit from the takeover with expanded system expertise and a comprehensive partner across the entire value chain.
Further information Schlatter Industries AG Werner Schmidli Chief Executive Officer Telephone +41 44 732 71 70 Mobile +41 79 343 62 62 werner.schmidli@schlattergroup.com
Agenda 26.01.2022 Publication of first financial data for the 2021 financial year 31.03.2022 Publication of the detailed annual result for 2021 trough am media information and publication of the annual report on the company's Website 03.05.2022 Annual General Meeting 11.08.2022 Publication of half-year report 2022
Schlatter Group (www.schlattergroup.com) ------------------------------ End of ad hoc announcement |
Language: | English |
Company: | Schlatter Industries AG |
Brandstrasse 24 | |
8952 Schlieren | |
Switzerland | |
Phone: | +41 44 732 71 11 |
E-mail: | info@schlattergroup.com |
Internet: | www.schlattergroup.com |
ISIN: | CH0002277314 |
Listed: | SIX Swiss Exchange |
EQS News ID: | 1268145 |
End of Announcement | EQS News Service |
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1268145 13-Jan-2022 CET/CEST
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