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Solo family business from Sindelfingen: sale to Jacto Group!
Family business Solo Kleinmotoren from Sindelfingen is taken over by the Brazilian Jacto Group, but remains independent.
Solo family business from Sindelfingen: sale to Jacto Group!
The traditional family business Solo Kleinmotoren GmbH from Sindelfingen has taken an important step in its company history. As [Merkur] reports, the company was sold to the Brazilian Jacto Group. This sale was supported by the management consultancy Wintergerst from Stuttgart. Solo Kleinmotoren specializes in the production of sprayers and sprayers as well as cut-off machines and was founded in Maichingen in 1948.
In total, the company has subsidiaries in four countries, including Chile, the USA, New Zealand and China. The Brazilian group Jacto employs over 3,800 people and wants to expand its presence in the European market with this acquisition.
Independence and growth opportunities
A key aspect of the sale is that Solo Kleinmotoren will be managed as an independent unit within the Jacto Group. Production at the Sindelfingen site and in Newport News, USA, will remain unchanged and the Solo brand will continue to exist. These details were also confirmed by [Krzbb]. Andreas Emmerich, owner of Solo, is positive about the takeover and sees it as an opportunity for new perspectives in terms of growth and development.
No specific information was provided about the impact on employees. Nevertheless, experts assume that there will be no significant changes for the workforce. In 2020, Solo employed around 130 people and achieved sales of 15.79 million euros.
Investments in the future
Solo Kleinmotoren looks back on more than 70 years of history. A new, modern production and logistics center in Maichingen was only inaugurated in July 2021. This cost over five million euros and is 3,136 square meters in size. It includes the assembly of sprayers and cut-off machines and includes a logistics and spare parts warehouse. Such investments underline the company's innovative spirit and its willingness to invest in the future.
The acquisition by the Jacto Group is part of a comprehensive growth strategy aimed at expanding international activities and increasing the quality of products and services. This further strengthens the connection between tradition and globalization in the case of Solo Kleinmotoren, while the company continues its path as an independent brand.