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Dyeing Printing & Finishing

Benninger Takes Over Kleinewefers Wet Finishing

Switzerland-based Benninger Textile Systems AG has taken over the wet-finishing business of Germany-based Kleinwefers Textilmaschinen GmbH. The two companies decided to undertake this step in order to meet the demands of the future more efficiently. Industrial logic, strengthening the market position, continuing as a preferred partner for customers and sustainable business development are reasons cited for the takeover.The takeover gives Benninger access to the market for elastic fabrics and will improve present capacity. Kleinewefers has become a minority shareholder of Benninger.

March 2001