Home / Knowledge / News / Textiles / Textile machinery firm Baldwin to acquire Ahlbrandt System
Textile machinery firm Baldwin to acquire Ahlbrandt System
12
Sep '17
Textile machinery firm Baldwin to acquire Ahlbrandt System
Baldwin Technology Company Inc., a world leader in providing process automation solutions, consumables, and services to the print, textile, and film industries, has announced that an agreement has been reached to acquire Ahlbrandt System GmbH. The acquisition is pending German government approval, with a target closing date of September 30, 2017.

Headquartered in Lauterbach, Germany, Ahlbrandt’s 87 team members and top-quality corona treatment, spray coating, and hot air drying products complement the Baldwin team and their broad product and service portfolios. In addition, Baldwin plans to capitalise on Ahlbrandt’s expertise and industry leading technology to enhance solutions for the rapidly growing textile and film industries.

Holger Bätz, managing director of Ahlbrandt said, “I am very excited that Ahlbrandt is joining the Baldwin team. Not only is our expertise in developing and producing top-quality equipment and systems a nice complement to Baldwin’s broad product portfolio, I am confident that Ahlbrandt’s talent and passion for innovation in surface finishing will rise to new levels within the Baldwin family. This partnership presents a great opportunity for the Ahlbrandt team to expand our business to new geographical markets and customers, and I am convinced that this acquisition will have a very positive influence on Ahlbrandt’s new ‘Serviceplus’ growth strategy.”

Brent Becker, CEO of Baldwin said, “Bringing Ahlbrandt into the Baldwin family will strengthen our ability to provide value to our customers through broader technology and service offerings. This exciting investment underscores our commitment to a strategy that blends organic and acquisition growth to enhance our global footprint and the technology we can deliver to our customers. We are also eagerly looking forward to expanding our footprint in Germany, and we expect both teams to realise many benefits from close cooperation between our Lauterbach and Friedberg production and assembly facilities.” (GK)

Fibre2Fashion News Desk – India


Must ReadView All

GST Council allows ITC refund to fabrics

Textiles | On 23rd Jul 2018

GST Council allows ITC refund to fabrics

The Goods and Services Tax (GST) Council at its 28th meeting held...

GST slashed on Chenille fabrics, knitted cap to 5%

Textiles | On 23rd Jul 2018

GST slashed on Chenille fabrics, knitted cap to 5%

The Goods and Services Tax (GST) on Chenille fabrics and other...

Courtesy: Pixabay

Textiles | On 23rd Jul 2018

Pakistan's textile exports up 8.67% in 2017-18

The value of textile and garment exports from Pakistan increased by...

Interviews View All

Top executives
Fashion houses, India

With technology, it has become easier to ensure IPR

Jurgen Gauger
Spreadshirt

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

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Abhishek Pachauri

Reckon Industries is into manufacturing of textile process house machines, ...

Apurva Kothari

No Nasties was the first fashion brand in India to make 100 per cent...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

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