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Groz-Beckert acquires carding division of Bekaert Group
13
May '15
German textile technology producer Groz-Beckert acquired the worldwide carding activities of the Belgian Bekaert Group, effective May 2015.

“The takeover includes some 350 employees and production sites in Belgium, India, China, and the US as well as the global sales and service network,” Groz-Beckert said in a press release.

Within the Groz-Beckert organisation, the Carding activity will complement the company's present product divisions: Knitting, Weaving, Felting, Tufting and Sewing.

The acquisition is an opportunity for Groz-Beckert to enter the market of the spinning industry and will extend services like consulting, product recommendation, products, mounting service roller repair to start-up.

Since 1980, Groz-Beckert has supplied the nonwovens industry with felting and structuring needles as well as jet strips for water entanglement and also offers service for metallic card clothing.

“Therefore, the new products and services ideally complement the existing portfolio, generating synergies and development possibilities for the future,” it added.

At ITMA Europe 2015, taking place from November 12-19, 2015 in Italy, the new division will be represented at the Groz-Beckert group booth for the first time. (AR)

Fibre2fashion News Desk - India

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