Michael Pieper, a member of the Board of Directors of Rieter Holding AG since 2009, has informed Rieter that Artemis Beteiligungen I AG has sold its 11.5 per cent block of shares to the Picanol Group.
Month: March 2021
Picanol Group has today acquired a minority stake in Rieter Holding AG , amounting to a total of 467,236 shares for a price of 45.4 million EUR.
Advance Denim, one of the top three denim manufacturers in China, has officially become a Trust Protocol member as it continues to advance more sustainable denim worldwide.
The global provider of thread, yarn, and diverse sewn products components, has launched the Renu line of all-around, environmentally friendly industrial sewing threads made entirely from non-virgin materials. The 100 per cent recycled threads provide a green option without sacrificing sewing performance.
Swiss weaving machinery manufacturers are in the forefront of novel application development.
In this interview, Ajay Ajmera, Founder of the Surat-based Ajmera Fashion, sheds light on
entrepreneurship in the Indian textile industry and how his company is helping new entrepreneur’s
nurtures their businesses.
India Ratings and Research (Ind-Ra) has revised the textile sector outlook to improving for FY22 from negative, reflecting the likelihood of higher revenues and operating margins, post business disruptions led by COVID-19 in FY21.