20/01/2022 – Takeover since 1 January 2022

Schlatter strengthens strategic position

The Schlatter Group is acquiring a majority stake of 51% in the Italian company Sokol Engineering S.r.l.

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Hot rolled concrete reinforcing stretched coils. © Schlatter

 

With this acquisition as of 1 January 2022, Schlatter strengthens its strategic position in wire production plants and takes 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 Euro 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, 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.

www.schlattergroup.com