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BharatTextile.com » Mergers & Acquisitions News » SWEDEN: The IRO Group acquires Te Strake Textile
SWEDEN: The IRO Group acquires Te Strake TextileSwedish producer of weft feeding equipment The IRO Group has acquired from the Picanol Group, all assets and business activities related to the weft feeders of Dutch-based Te Strake Textile BV...STOCKHOLM: Swedish producer of weft feeding equipment The IRO Group has acquired from the Picanol Group, all assets and business activities related to the weft feeders of Dutch-based Te Strake Textile BV. Through the acquisition, The IRO Group aims to consolidate its yarn feeding know-how and to further tap into such markets as glass weaving and technical textiles. The IRO Group will assume responsibility for the supply of feeders, spare parts and service to Te Strake's... This news was posted on August 30, 2005. News older than 90 days are available to our PAID members only.
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