Browsing: acquisition

MGC, the textile manufacturing joint venture between the Carrington Textiles and the Portugal based TMG – Acabamentos Texteis SA and strategic finishing partner for Melchior Textil, has taken over Melchior Textil (Germany) from HOS-Group.

Steinhoff International has completed the acquisition of Mattress Firm Holding, the biggest US retailer of mattresses.

On August 15, JMBT Beteiligungen AG acquired 100 per cent of the share capital of Benninger AG from Benninger Holding AG. With this acquisition Jakob Müller AG is expanding its position in the textile finishing sector.

Greg Foran will replace Scott Price as the new chief executive for Walmart China. Price is named as executive vice president for international strategy and will handle a wide range of global operations including development, real estate and mergers and acquisition.

Archroma, a specialty chemicals producer, has acquired a 49 per cent stake in M. Dohmen SA, a producer and marketer of textile dyes and chemicals for the automotive, carpet and apparel sectors.