Schweiter Technologies to strengthen SSM Textile Machinery
(Thomson Reuters ONE) -
Schweiter Technologies /
Schweiter Technologies to strengthen SSM Textile Machinery
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Horgen, December 23, 2011 - SSM Textile Machinery will take over the activities
of the Italian firm Giudici S.p.A. The purchase price is in the single-digit
million range. The transaction should be concluded by the end of January 2012.
The Giudici company is the leader in false-twist texturizing technology, a
system for processing ultra-fine nylon yarn and similar materials Giudici's yarn
texturizing technology will augment SSM Textile Machinery's existing air-
texturizing know how, securing the company's already strong position in the
chemical fiber processing industry.
Giudici achieved sales of roughly CHF 10 million in 2010 with a staff of around
forty employees. The company's registered office is located in Sala al Barro,
Galbiate (LC).
Schweiter Technologies AG, Neugasse 10, CH - 8812 Horgen, Switzerland
Telefon +41 44 718 33 03 Fax +41 44 718 34 51info(at)schweiter.com
www.schweiter.com
Please find the Media release in the PDF attached:
Media release (PDF):
http://hugin.info/100347/R/1573523/489745.pdf
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Source: Schweiter Technologies via Thomson Reuters ONE
[HUG#1573523]
Unternehmensinformation / Kurzprofil:
Datum: 23.12.2011 - 07:00 Uhr
Sprache: Deutsch
News-ID 99688
Anzahl Zeichen: 2011
contact information:
Town:
Horgen
Kategorie:
Business News
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