4 C
Istanbul
Thursday, March 6, 2025

Pakistan increases its place in Turkish textile exports up to threefold

Turkish textile sector's export figures for January...

New presidents of TGSD Toygar Narbay and Ümit Özüren take office

Turkish Clothing Manufacturers' Association (TGSD) announced the...

Leather sector regressed to 7 years ago with 1.5 billion dollar exports

Turkish leather and leather products exports decreased...

1 Hour Shirt; from fast fashion to fair fashion

The 1 Hour Shirt project, realised by...

Bego Jeans; the story of clean denim

Bego Jeans implements a sustainable and clean...

Jakob Müller Group acquires MEI International

WeavingJakob Müller Group acquires MEI International

-News Sponsor -

Jakob Müller Group (JMG), one of the global leaders in narrow fabric weaving machinery, announced the acquisition of 100% of the shares of MEI International, effective January 1, 2025. With a history spanning over 50 years, MEI is a renowned Italian manufacturer of wide label weaving machines. This strategic acquisition combines the strengths of two industry pioneers, creating a comprehensive portfolio of solutions for woven label production.

JMG, known for its high-quality rapier and air-jet weaving machines, expands its offerings with MEI’s specialized air-jet technology and broad product range. As part of this integration, JMG will discontinue its Müjet air-jet weaving machine, fully endorsing MEI’s advanced air-jet technology, which will continue to be strengthened thanks to the mutual cooperation.

Key benefits of the acquisition are listed as follows:

• Comprehensive product portfolio: Customers gain access to a wider range of label weaving machines, catering to diverse production needs.
• Enhanced innovation: The combined expertise of JMG and MEI will accelerate the development of new products and services.
• Stronger financial foundation: The acquisition reinforces the financial strength of both companies, enabling increased investment in innovation and customer support.
• Continued customer focus: Existing sales and service structures of both companies will remain in place, ensuring continuity for customers.

“Joining forces with Jakob Müller Group is an exciting opportunity for MEI”

“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 they expect from both JMG and MEI.”

Paolo Mazzucchelli, CEO of MEI, added, “Joining forces with JMG is an exciting opportunity for MEI. This alliance will enable us to develop new products and services more quickly and professionally, ultimately benefiting our customers’ growth. We are committed to maintaining our separate sales forces to preserve the long-standing relationships we have built with our customers.”

MEI will continue to operate as an independent company, retaining its location in Gallarate, Italy, with Paolo Mazzucchelli remaining as CEO. Both brands will maintain their separate market presence, leveraging their individual strengths to serve customers in a demanding market environment.

Check out the other news

Authors other news

Diğer etiketlere göz atın:

Most read news