JMG to expand its portfolio with MEI’s specialised air-jet technology
Apparel Outlook Desk
Jakob Müller Group (JMG), the global leader in narrow fabric weaving machinery headquartered in Frick, Switzerland, has announced the acquisition of MEI International, the Gallarate, Italy-based manufacturer of wide label weaving machines.
Known for its high-quality rapier and air-jet weaving machines, JMG will now expand its portfolio with MEI’s specialised air-jet technology and broad product range, while discontinuing production of its Müjet air-jet weaving machine.
The acquisition will provide JMG customers with access to a wider range of label weaving machines, catering to diverse production needs and the combined expertise of the two companies will accelerate the development of new products and services.
In addition, the acquisition reinforces the financial strength of both companies, enabling increased investment in innovation and customer support and the existing sales and service structures will remain in place, ensuring continuity for customers.
“This acquisition is a significant step forward in our JMG 2030 strategy,” said Andreas Conzelmann, CEO of Jakob Müller Group. “I really appreciate the entire MEI team for their values, attitude and spirit. Together, we can offer our customers an outstanding range of solutions and services, while continuing to provide the highest quality, productivity and reliability.”
Source : Innovation in Textiles