STC Spinnzwirn now an independent firm of Starlinger Group

03 Oct '18
2 min read
Courtesy: Star
Courtesy: Star

Oerlikon Barmag Spinnzwirn is now an independent company, STC Spinnzwirn (Starlinger Textile machinery Chemitz), effective October 1, 2018. The Austrian Starlinger Group announced the successful acquisition of the Chemitz-based business unit, Barmag Spinnzwirn from Oerlikon, in May 2018. Starlinger is a leading engineering and textile machinery company.

“With STC Spinnzwirn, we welcome a new member to our group of companies that ideally complements our portfolio. This means that we can offer our worldwide customers even more individual solutions from a single source. With this strategic step, we strengthen our position as world market leader in plastic fabrics and expand it with related product areas,” Starlinger Managing Partner Angelika Huemer said in a press release by the company.

“The next years will show that this change of ownership holds tremendous opportunities for everyone involved. All of us, the management as well as the 160 employees of STC, look forward to getting started and realising our full potential. The family-owned company Starlinger is the ideal partner in this venture,” Steffen Husfeldt, designated managing director of STC Spinnzwirn said.

STC Spinnzwirn was formerly a competitor of Starlinger; from now on, customers will benefit from the bundled expertise in research, development as well as worldwide sales and service. Another asset for the new owner is the winder technology of STC Spinnzwirn, as the group of companies already includes a winder technology specialist with Georg Sahm GmbH from Germany. The combined know-how of the two companies encourages a focus on core competencies and key markets, allowing the Starlinger Group to offer an even broader, customer-oriented product range in the future. (GK)

Fibre2Fashion News Desk – India

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