Home    Resource Store    Past Issues    Buyers' Guide    Career Center    Subscriptions    Advertising    E-Newsletter    Contact

Textile World Photo Galleries
March/April 2015 March/April 2015

View Issue  |

Subscribe Now  |

Events

Tecnotêxtil Brasil 2015
04/07/2015 - 04/10/2015

Vietnam Saigon Textile & Garment Industry Expo 2015
04/09/2015 - 04/12/2015

Fabric Property Development And Characterization
04/13/2015 - 04/16/2015

- more events -

- submit your event -

Printer Friendly
Full Site
Textile News

Savio Acquires Mesdan

itema Spinning business unit Savio Macchine Tessili S.p.A., Italy — with support from Europe-based private equity fund Alpha — has acquired a controlling interest in yarn splicing and textile testing equipment maker Mesdan S.p.A., Italy.

Savio has 1,469 employees and reported a 460 million-euro turnover in 2011. The company produces yarn-finishing machinery and quality-control systems, and has operations in Italy, Switzerland, Belgium, Germany, United Kingdom, United States, China and India.

Mesdan has 84 employees and in 2011 reported nearly 40 million euros in turnover. It has received several patents relating to air and water joint technology. Operations outside of Italy include a joint venture in China and a subsidiary in India. The company will continue to operate as an independent enterprise.

May/June 2013

Advertisement