As announced earlier, on January 1, 2014 KARL MAYER acquired majority ownership of LIBA Maschinenfabrik GmbH. Integration of the two worldwide leading companies in areas of development,
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With the recent tie-up with Juki, A.T.E. Group seems to have been on a consolidation drive to make its Garment Machinery Division a full-fledged entity.
SGL Group, the Carbon Company based in Germany, has started production of stretch-broken carbon fibre yarn at its facility in Muir of Ord, Scotland. An official ceremony inaugurating the new production took place recently.