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Category: Acquisition

New Leader, New Vision for India & Southeast Asia

November 21, 2023November 21, 2023 The Textile Magazine

Americhem Inc., a global industry leader in innovative polymer solutions, announced in August the appointment of S. Mani as the new MD for India &ampRead More…

Dr. Andreas Raps appointed new CEO and Marco Altherr is CFO at Freudenberg Performance Materials

November 15, 2023November 15, 2023 The Textile Magazine

Dr. Andreas Raps New appointments to the Management Board of Freudenberg Performance Materials come into effect on January 1, 2024: Dr. Andreas RaRead More…

Yogesh Kusumgar honored with Lifetime Achievement Award for innovation in Technical Textiles

September 26, 2023September 29, 2023 The Textile Magazine

Founder of Kusumgar Corporates, Mr. Yogesh Kusumgar, was recently honored with a prestigious Lifetime Achievement Award by the Indian Technical TRead More…

Santoni Shanghai announces strategic acquisition of Terrot GmbH

September 13, 2023September 13, 2023 The Textile Magazine

The partnership is part of wider efforts to build a new global circular knitting machine industry leader. 4Robert Czajkowski, Managing Director, TRead More…

Marco Salvadè appointed new ACIMIT President

July 6, 2023July 6, 2023 The Textile Magazine

A changing of the guard at the top of ACIMIT, the Association of Italian Textile Machinery Manufacturers. Indeed, at the association’s General AsseRead More…

Infra.Market to acquire majority ownership in Strata Geosystems

June 27, 2023June 28, 2023 The Textile Magazine

The acquisition catapults the startup to category leadership in geosynthetic manufacturing and geotechnical engineering. Narendra Dalmia, CEO, (riRead More…

Outlook Business Spotlight Visionary Leader Award 2023 for Hari Shankar

June 3, 2023June 3, 2023 The Textile Magazine

Mr. S. Hari Shankar, Chairman of India ITME Society, and Joint Managing Director, Lakshmi Card Clothing Mfg. Co. Pvt. Ltd., has been recognized aRead More…

TII and Premji Invest join hands to acquire Lotus Surgicals to create med-tech platform

March 27, 2023April 4, 2023 The Textile Magazine

Tube Investments of India Limited (‘TII’) and Premji Invest (through PI Opportunities Fund I Scheme II) signed a Share Purchase Agreement to acquire Read More…

Gunnar Meyer appointed new Managing Director of Monforts

January 12, 2023January 12, 2023 The Textile Magazine

Gunnar Meyer has been assigned the new Managing Director of A. Monforts Textilmaschinen GmbH & Co. KG in Mönchengladbach, Germany, as of JanuaryRead More…

Neuenhauser Group acquires Textile Machinery unit of Ontec

November 18, 2022November 18, 2022 The Textile Magazine

v.l.n.r. Wilhelm Langius, Jan Scholte-Wassink, Helmuth Gossler, Jürgen Lämmerhirt, Lutz Wolf (CEO Neuenhauser Group A strong portfolio for the fRead More…

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