International AG has acquired a stake in Italy-based Deimo S.p.A. — a designer and manufacturer of
electronic boards and controllers for textile machinery manufacturers. The relationship will allow
the two companies to work more closely together, combining Deimo’s engineering capability with
The Deimo brand and its facility in Italy will be maintained, and the company will continue
to supply its products and services to existing customers. Mario Mattia will continue in his role
as Deimo CEO.
September 25, 2007