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Related Keywords: announced opening of its new subsidiary, apparel solution, based in Paris, financial assets, for textile, home interior, industry leading technology company, involved in integrated technology solutions, Lectra, Lectra fashion, Lectra Vietnam in Ho Chi Minh City, take over LSC team, technical textiles and composite materials

Lectra, an industry-leading technology company based in Paris, France involved in integrated technology solutions for the textile, home interior, technical textiles and composite materials, announced the opening of its new subsidiary Lectra Vietnam in Ho Chi Minh City on July 1, 2016.
Lectra has been present in Vietnam for over 20 years and represented by its agent Ly Sinh Cong Trading Service Company (LSC) for the past twelve years. The new subsidiary will take over LSC’s team and financial assets.

Related Keywords: acquire Italian textile machine manufacturer, apparel, cutting machines, European textile and apparel market share, expand position in textiles printing market, for textile, industrial markets, La Meccanica Costruzione Tessilli, manufacturer of inkjet printers, Mimaki

Mimaki leading manufacturer of wide-format inkjet printers and cutting machines for the sign/graphics, textile/apparel and industrial markets is all set to acquire La Meccanica Costruzione Tessilli, an Italian textile machine manufacturer as it would expand their position in the textiles printing market.

The acquisition was first mooted in July 2015, when an Italian sales agent introduced Mimaki to La Meccanica, a manufacturer of conventional and digital textile printing machines located in Bergamo, Italy established in 1977. It has 32 staff and a turnover of €6m (£4.6m).