JMBT Beteiligungen AG is a 100% subsidiary of Jakob Müller Holding AG and an affiliate of Jakob Müller AG in Frick, Switzerland a manufacturer of fabric manufacturing equipment has acquired 100 percent of the share capital of Benninger AG from Benninger Holding AG, a move that adds dyeing and finishing expertise to the Swiss company’s current knitted and woven narrow fabric capability.
For Jakob Müller AG, the deal enables the firm to expand into an associated business field and profit from Benninger’s current experience the textile-finishing sector.
As a result of its integration in the Jakob Müller Group, Benninger is expected to benefit from the sound structures and common ground with regard to technology, production and sales and can therefore extend its operations.
In 2015 the Benninger Group workforce totaled around 330 employees, 110 of which are based in Switzerland. It develops, produces and sells textile finishing systems for a range of knitted fabrics and other textiles as well as systems for tire cord production around the world. Benninger offers integral solutions, which include the plant engineering as well as the required chemical processes.
Jakob Müller AG is the parent company of various companies that operate exclusively in the field of narrow fabric looms including Italy-based Comez, the manufacturer of warp knitting and crochet machines. It has production facilities in Switzerland, Germany, Czech Republic, Italy, India and China as well.
The Swiss company Benninger has been the textile industry’s leading partner across the globe for more than one hundred and fifty years with global branches and service representatives.
Nextevo has introduced its 100% chemical-free pineapple leaf fiber to the global market, highlighting its sustainable qualities and versatile applications.
Benin is positioning itself as a new center for sustainable textile production, backed by the Aid by Trade Foundation’s (AbTF)…
Teijin Frontier has announced Octair, an advanced polyester insulation fiber designed for bedding and apparel, making it ideal alternative to…
Gebrüder Otto has partnered with the Recycling Atelier at ITA Augsburg to create cotton towels using yarns made from 50%…
Scientists have found a way to turn textiles into energy sources by creating a unique silk thread coated with a…
The LYCRA Company has introduced its newest advancement for pantyhose waistbands, called LYCRA® TOP COMFORT fiber.