Acquisition Archives - Page 2 of 2 - Future Textile Machines

Durst acquires majority stake in US printer manufacturer Vanguard Digital Printing

October 3, 2020October 3, 2020Textile Magazine1 Comment

Durst, manufacturer of advanced digital printing and production technologies, is strengthening its position in the US Graphics Industry with the acquisition of a majority stake in Vanguard Digital Printing Systems, headquartered in Lawrenceville, Georgia/USA. Vanguard Digital is a leading manufacturer of printing systems for the signage, decoration, corporate, industrial and packaging sectors. With the acquisition, […]

Itema Group announces completion of PTMT acquisition

August 31, 2020September 27, 2020Textile Magazine

Itema, the leading provider of advanced weaving solutions, including best-in-class weaving machines, spare parts and integrated services, announces the finalization of the agreement for the acquisition of PTMT, formerly Panter, in business lease since April 2019. Despite the difficult moment that the world economy is going through due to the consequences of the pandemic generated […]

Grundfos to acquire Eurowater

June 16, 2020June 18, 2020Textile Magazine

Grundfos, a global leader in advanced pump solutions and a trendsetter in water technology, has entered into an agreement to acquire Eurowater. This marks an important milestone in the company’s ongoing efforts to pioneer solutions to tackle global water challenges. The acquisition aligns closely with Grundfos’ strategy to strengthen its innovation leadership within water technology, […]

KARL MAYER buys STOLL

May 27, 2020June 24, 2020Textile Magazine

In their respective market segments, they represent innovation, quality, long-term orientation, reliability and comprehensive expertise As part of its growth strategy, the KARL MAYER Group has concluded an agreement to acquire the STOLL Group. The contract was signed on February 26, 2020, and the STOLL Group is to be part of the KARL MAYER Group […]

Benninger AG acquires LAB-PRO GmbH

February 28, 2020March 25, 2020Textile Magazine

This strategic move will help Benninger expand its product portfolio in growing markets According to an announcement made by the company, Benninger AG has acquired 100% of LAB-PRO GmbH with retroactive effect to January 1, 2020. Benninger is the world’s leading manufacturer of technologically advanced textile finishing and tyre cord machinery for the global textile, […]

Siemens to acquire C & S Electric in India

February 27, 2020March 25, 2020Textile Magazine2 Comments

The acquisition will address the rising demand for low-voltage power distribution in the country and also enable the creation of an export hub In a step to meet the increasing demand for electrification across industry, infrastructure and buildings in India, Siemens Ltd. signed an agreement to acquire New Delhi-based C & S Electric Ltd. The […]

Coats and Osram partner on new garment illumination technology

February 27, 2020March 25, 2020Textile Magazine

Coats Signal Active Illumination is made of flexible light guides that draw their energy from a USB power bank Coats, the world’s leading industrial thread company, is partnering with Osram, the global lighting specialist, to launch Coats Signal Active Illumination to help improve people’s safety and visibility. This is a state-of-the-art washable, lightweight and customisable […]

ELGi acquires Michigan Air Solutions

January 14, 2020March 11, 2020Textile Magazine

Acquisition brings market leadership and provides ELGi with a strong presence in the Midwest ELGi Compressors USA, Inc., a subsidiary of Elgi Equipments Ltd., a global supplier of compressed air solutions, announced its acquisition of Michigan Air Solutions, one of the largest independent air compressor distributors in Michigan. This acquisition is an important step that […]

Category: Acquisition