Soilmec Sells Majority Share of Watson to the Watson Family
Deal Comes After a Decade of Soilmec Investment
Soilmec, which operates on the American market both through its subsidiary Soilmec North America and through its distributors, has sold its majority share of Watson Inc., in advance of the company’s shift toward a developing more advanced technologies and refocusing on the brand.
“The industrial plan for the next 5 years provides for a strong focus on technological innovation, on strengthening the range of the higher-performance equipment and on increasing the structure dedicated to providing value-added services to the market,” says Riccardo Losappio, general manager of Soilmec S.p.A. “These trends will lead Soilmec to offer an increasingly complete and integrated solution, capable of maximizing the return on investment of our customers wherever they operate in the world.”