September 18, 2026
Home Articles posted by Textile Insights (Page 7)
Corporates

Rieter To Acquire Barmag For CHF 713 Million

Rieter has signed a definitive agreement to acquire Barmag, a division of OC Oerlikon, for an upfront equity purchase price of CHF 713 million. This strategic acquisition will position Rieter as a global leader in both natural and manmade fiber technologies and significantly accelerate the company’s growth strategy. Barmag, a global market leader in equipment […]
Corporates

EURATEX And FTTH Sign Mou To Strengthen Euro-Mediterranean Textile Collaboration

Euro-Mediterranean industrial ties, EURATEX (European Apparel and Textile Confederation) and FTTH (Fédération Tunisienne du Textile et de l’Habillement) have signed a Memorandum of Understanding (MoU) in Monastir, Tunisia. The agreement aims to boost cooperation in sustainability, investment, and trade under the updated Pan-Euro-Mediterranean Convention. The signing took