ACG Kinna Automatic AB has acquired 100% of Styrteknik Europe AB, a Sweden-based company specializing in industrial sewing machines and automatic systems for sewing circles and cross seams in cushions, mattresses, pads and other filled products. Founded in 1974, Styrteknik has become a market
The global digital printing and dyeing machines market is set to experience significant expansion, projected to increase by US$ 10.51 billion from 2024 to 2028, growing at a robust CAGR of over 10.22% during this period, as reported by Technavio. This growth is primarily fueled by escalating worldwide demand for textiles and a noticeable shift […]
Elvaston Capital which acquired majority stakes in Datatex and Setex has integrated these two companies into a holding company, Textile Solutions Group, which will specialise in IT solutions for the textile sector. The holding company will expand with new acquisitions, to become a benchmark and standard for digital solutions by fully integrating all manufacturing and […]