Home / Knowledge / News / Textiles / Saurer acquires parts and service business of Verdol
Saurer acquires parts and service business of Verdol
12
Sep '15
Textile machinery giant, Saurer, has announced the takeover of parts, service, and conversion business of Verdol, a part of the Reyes Groupe. Saurer business unit, Allma Volkmann, will run the parts and service of Verdol, according to a press release of Saurer Group.

 The deal is expected to provide a boost to the customer service on a wider base to the existing successful, and organised worldwide service network of the Saurer Group. The acquisition will make Allma Volkmann one of the world's largest providers of original parts and services in the whole twisting segment.

While, Reyes Groupe will give significance to its core business of energy markets and expand into new domestic and international markets, along with consolidating its existing position.

Wolfgang Leupers, CEO of Allma Volkmann, said that he is proud that Christophe Reyes, owner of the Reyes Groupe, trusts Allma Volkmann to run their parts and service business and is expecting this to give an additional growth impulse as the synergies of both companies now can be fully utilised. 

With 4,000 employees worldwide and locations in Switzerland, Germany, Turkey, Brazil, Mexico, US, China, India and Singapore, the Saurer group is well positioned to serve the world's textile industry centres. (HO)

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Pyrates Smart Fabrics

Textiles | On 16th Jul 2018

Spain's Pyrates Smart Fabrics targets Asia, S America

Spain-based Pyrates Smart Fabrics, whose major markets are northern...

Bangladesh to modernise 3 jute factories to boost sector

Textiles | On 16th Jul 2018

Bangladesh to modernise 3 jute factories to boost sector

The executive committee of Bangladesh’s National Economic Council...

Courtesy: Asda

Apparel/Garments | On 16th Jul 2018

J Sainsbury agrees to £3.5 bn financing for Asda merger

J Sainsbury plc has agreed for a financing package of £3.5 billion in ...

Interviews View All

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Top executives
Textile industry, India

The event should be organised every year

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Marten Alkhagen
Swerea IVF AB

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

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


July 2018

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

news category


Related Categories:

Advanced Search