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Nonwovens / Technical Textiles

Strahm Sells Santex Shares Starts New Company

Santex Holding AG, Switzerland, has purchased all shares held by Christian Strahm, founder and formerly the largest single shareholder of the company. With the sale, Santex said, Strahm also has resigned as director of the board.In related news, Strahm has announced the founding of Strahm Textile Systems AG. The company, headquartered in Switzerland, will develop drying and thermobonding convection ovens for textile and other industries. The company said new systems will be branded with the name HiPer.


November 2003



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