Home / Knowledge / News / Textiles / French industrial group acquires SwissTex France

French industrial group acquires SwissTex France

08
May '12
Reyes Groupe, a French industrial group, has announced acquisition of all assets of another domestic firm SwissTex France SAS, under the new name Verdol.

Previously known as RITM SAS, SwissTex supplies twisting and cabling machinery and extrusion lines to the filament yarn market.

It also engages in processing yarns prepared from natural, artificial, synthetic and mineral fibres, and supplies textile yarns that cover twisting and cabling, covering and winding, as well as other types of technical yarns.

Reyes said it has worked with SwissTex for over 25 years and it is well aware about the products, expertise and even complementary skills of Verdol. Reyes believes that such knowledge would help it enhance the technological, commercial and financial strength of Verdol.

Making the acquisition announcement, Christophe Reyes, CEO of Reyes Groupe, and Jean-Claude Gnonlonfoun, General Manager of Verdol, said new resources would be put at the disposal of Verdol and its teams to bring improved service and wipe out past failures.

Reyes, a family-owned business, is known for its experience and know-how of electrical and mechanical engineering, integration series (prototyping, industrialization, OEM) and electrical integration (cabinets, electrical rooms) for industrial firms in varied sectors like nuclear, gas, oil, energy, solar and hydro.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 4th Aug 2021

US FTC votes to reverse course on repeal of fabric care labels

The US Federal Trade Commission (FTC) recently voted to retain the...

Pic: Shutterstock

Retail | On 4th Aug 2021

June retail turnover in Germany up by 4.2% over previous month

Retail sales in Germany rose much more than expected in June...

Pic: Kontoor Brands/Wrangler

Apparel/Garments | On 4th Aug 2021

US’ Kontoor aims for sustainable growth with diversity & inclusivity

Kontoor Brands, an American apparel company with denim brands like...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Extension of RoSCTL to boost textile exports

Textile Industry, Head honchos

Textile Industry
Head honchos

Donating 20,000 N95 masks to hospitals & NGOs

Textile Industry, Head honchos

Textile Industry
Head honchos

Blockchains will be in heavy use by early adopters by 2025

Bharat Ahuja,

Bharat Ahuja

A mono store brand, <b>Bharat Ahuja's</b> Desire Design Studio has emerged ...

Benedetta Terraneo,

Benedetta Terraneo

Miko Srl, a subsidiary of US-based Sage Automotive Interiors and a member...

Shambhu Nath Jha,

Shambhu Nath Jha

Leading research and consulting firm Fact.MR recently launched a report on ...

Sameer Sonkusale & Rachel Owyeung, Tufts University

Sameer Sonkusale & Rachel Owyeung
Tufts University

A team at the Tufts University in Massachusetts was recently in news for...

Giulio Cesareo, Directa Plus

Giulio Cesareo
Directa Plus

UK-based Directa Plus is one of the largest producers and suppliers...

Sven Ghyselinck, Devan Chemical

Sven Ghyselinck
Devan Chemical

Headquartered in Belgium and with offices in the United Kingdom, Portugal...

Vidur Adlakha & Riccardo Bennidini, La Fuori

Vidur Adlakha & Riccardo Bennidini
La Fuori

With an active presence in US, Italy and India, clothing brand La Fuori...

Suman Nathwani, Suman Nathwani

Suman Nathwani
Suman Nathwani

Designer <b>Suman Nathwani</b> talks about her journey of opening a...

Seema Agrawal, Artisan Saga

Seema Agrawal
Artisan Saga

Artisan Saga, founded by Kaushik Rajani and Seema Agrawal, is an online...

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 2021

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


Advanced Search