Home / Knowledge / News / Textiles / Sewing machinery producer Jack Holdings acquires Fuk
Sewing machinery producer Jack Holdings acquires Fuk
Mar '09
Jack Holdings Group has announced that it has purchased and acquired the assets of Fuk Industrial Machinery Co., Ltd., Germany and the largest industrial sewing machine company in Europe.

On receiving the news of the acquisition, an official from Shanghai Shenbei Group, a rival of Jack Holdings, said, “It is normal for Jack Holdings to acquire Fuk and we do not exclude the possibility of cooperation with Jack Holdings in the future".

But some industry people are skeptical about a smooth integration process between Jack Holdings and Fuk, saying that they are divergent in their outlook and market strategy, which could create road blocks.

Mr Ruan, Director of Jack Holdings said, "Our cooperation with Fuk Machinery began two years ago and the merger process will begin from April onwards, which we hope to do successfully”.

Mr. Ruan added, "Our group has acquired all the assets, without any debts of Fuk and we will retain all the 120 employees, primarily staff in marketing, management and technology sectors”.

"Production of high-end products will be done in Germany, while production of other products will be moved to China to lower costs and the main purpose behind acquiring Fuk is to increase the product range”, he concluded by saying.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Unipar Carbocloro plant in the city of Cubatão, São Paulo state. Courtesy: Wikipedia

Textiles | On 10th Dec 2016

Brazil’s CADE clears Solvay’s 70.59% stake sale in Indupa

Brazil’s administrative council for economic defence (CADE) has...

Interviews View All

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search