Karl Mayer acquires yarn tensioner technology from Appalachian Electronic Instruments

Appalachian Electronic Instruments Inc. (AEI) and Karl Mayer Group agreed on August 2nd, 2022 that AEI will transfer their YTC yarn tensioner technology to Karl Mayer. Karl Mayer Group takes over the complete range of products YTC (YTC-2000 and YTC-2000 MAX) and the complete technology of yarn tensioners for weaving and warp knitting preparation from […]

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Rieter completes acquisition of three Saurer businesses

With the takeover of the automatic winding machine business at the Uebach-Palenberg/Germany site with effect from April 1, 2022, Rieter has completed the acquisition of the three businesses from Saurer. The acquisition of the automatic winding technology in the premium category completes Rieter’s ring and compact-spinning system and thus lays the foundation to further improve […]

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Itema Group announces completion of PTMT acquisition

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 […]

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