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Solis Tractors acquires Thaler GmBH to enter wheel loader market; invests Rs 200 crores

New Delhi [India], February 28 (ANI/PNN): India's No1 tractor exports brand, International Tractors Limited has always keeps an eye on dynamically changing market requirements and keep innovating futuristic technologies. Solis Tractors & Agricultural Machinery, the flagship company of ITL in Netherlands Europe, is proud to announce the acquisition of Thaler GmbH & CO. KG that specialises in wheel loader manufacturing and is based out of Polling, Germany. Taking its supreme legacy and expansion drive forward in FY'23, 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. Wheel loader market offers huge growth potential with annual sales of more than 80,000 units and Thaler GmbH & Co KG is a well-established player in Europe. Post-acquisition, Thaler will continue to operate with an unchanged brand identity. It will be led by Mr Manfred Thaler, as the Managing ....

New Delhi , Deepak Mittal , Johann Thaler , Manfred Thaler , Solis Yanmar , Thaler Factory Office , International Tractors , Thaler Gmbh Co , Thaler Gmb , International Tractors Limited , Agricultural Machinery , Netherlands Europe , Thaler Gmbh , Managing Director , Solis Promise , Solis Tractors , Thaler Factory , New Delhi India , Ebruary 28 Ani Pnn India 39s No1 Tractor Exports Brand , Nternational Tractors Limited Has Always Keeps An Eye On Dynamically Changing Market Requirements And Keep Innovating Futuristic Technologies Solis Amp Agricultural Machinery , He Flagship Company Of Itl In Netherlands Europe , S Proud To Announce The Acquisition Of Thaler Gmbh Amp Co Kg That Specialises In Wheel Loader Manufacturing And Is Based Out Polling , Ermany Taking Its Supreme Legacy And Expansion Drive Forward In Fy 39 23 , He 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 Loader Market Offers Huge Growth Potential Annual Sales More Than 80 , 000 Units And Thaler Gmbh Amp Co Kg Isa Well Established Player In Europe Post Acquisition , Haler Will Continue To Operate With An Unchanged Brand Identity It Be Led By Mr Manfred Thaler ,