February 22, 2026
Home Archive by category Corporates (Page 2)
Corporates

BASF To Establish Global Digital Hub In Hyderabad

Multinational chemical major BASF plans to establish a global Digital Hub in Hyderabad by the first quarter of 2026, further strengthening its expanding network of digital centres across Europe and the Asia-Pacific region. The new facility is expected to play a key role in reinforcing the company’s global digital backbone and supporting its worldwide operations. […]
Corporates

Lenzing Takes Majority Stake In TreeToTextile

Lenzing Group has acquired a controlling majority stake in Swedish innovation company TreeToTextile AB, marking a strategic milestone in the development and industrialisation of next-generation, sustainable cellulosic fibres. The transaction was executed through the issuance of new shares. With this step, Lenzing strengthens its position as a leading global provider of
Corporates

Rieter Completes Acquisition Of Barmag

Rieter has successfully completed the acquisition of Barmag, effective February 2, 2026, marking a strategically significant milestone for the group. With this acquisition, Rieter becomes the world’s leading system provider for both natural and synthetic fibres. Barmag will be fully consolidated into the Rieter Group from February 2, 2026, and will operate as the group’s
Corporates

Kelheim Fibres To Close By March 2026

Kelheim Fibres GmbH has announced that it will terminate business operations as of March 31, 2026, following an unsuccessful attempt to secure a strategic investor. Despite restructuring efforts and support from many customers, the company was unable to secure sufficient orders to ensure an economically viable continuation. A key potential investor withdrew at short notice