#Business

2012-02-10

Uster takeover: again postponed but Toyota increased stake

The Board of Directors of Uster agrees to further postpone publication and notes that Toyota Industries Corporation has increased its stake in Uster Technologies AG of announced takeover offer

The Board of Directors of Uster Technologies AG has noted and agrees to the decision by the Swiss Takeover Board to further extend the deadline of publication of the public tender offer by Toyota Industries Corporation for all publicly held shares of Uster Technologies AG. The independent Board Members continue to recommend that shareholders do nothing for the time being about the announced offer from Toyota Industries Corporation, but to wait until the Board of Directors delivers its official response to this offer.

And the Board has noted that Toyota Industries Corporation has, as expected, increased its equity stake in Uster Technologies AG through the previously announced acquisition of the shares held by Groupe Alpha.

On completion of this transaction, Toyota Industries Corporation will own 50.34% of all publicly owned shares in Uster Technologies AG.

The Board of Directors has also noted Toyota Industries Corporation’s confirmation that it will make a public offer for all outstanding shares in Uster Technologies AG within the statutory deadline. The independent members of the Board of Directors continue to recommend that shareholders do nothing for the time being about the announced offer, but wait until the Board delivers its official response to this offer.

Uster’s new Recycling Opening Index guides spinners to the perfect blend

Uster AFIS 6 now offers the key data for better decisions when blending recycled fibers. Process control is decisive in determining the quality and economic outcome. The new R Recycling Module of AFIS 6 introduces the Recycling Opening Index (ROI), so spinners can optimize their circularity credentials. It was officially launched at ITM 2026 in Istanbul, Türkiye.

Measure and control the fiber – optimize yarn quality

Producing consistent yarn quality is an everyday challenge – and a very difficult one. Detailed knowledge and understanding of the fiber raw material is absolutely critical to achieving the best possible quality in the yarn. To help spinners, Uster experts have put together guidelines for avoiding yarn irregularity claims, in a special edition of the Uster News Bulletin.

Uster presents novelties at ITMA Asia + CITME 2025

There’s news from Uster Technologies to be announced for the industry’s upcoming event in Singapore. The Uster 360Q universe is growing with new products, solutions and services. Innovation developments can also be recorded in the fields of man-made fiber testing and fabric inspection. Uster innovations address the industry’s trending topics as mill management and process control, optimization of delivered fabric quality and yield.

BTMA backs global growth while investing in future UK leaders

As one of a number of new initiatives launched this year, the British Textile Machinery Association (BTMA) is launching the UK-India Textile Machinery Coalition. The UK-India Free Trade Agreement, signed in July 2025, has implications that extend across sourcing, competitiveness and long-term trade dynamics, believes BTMA CEO Jason Kent.

Sandler turns financial stability into a catalyst for shaping the future

The Sandler Group has presented its financial figures for the past fiscal year (01/01/2025-12/31/2025). Like previous years, the year 2025 was also marked by industry-wide structural challenges and geopolitical uncertainties. Turnover was virtually stable at EUR 321 million (2024: EUR 326 million). High energy costs continue to weigh heavily on profitability. The number of employees was 975 (2024: 980). The family-owned company, which was founded in 1879 and has been run by the fifth generation since August 2025, continues to invest millions in its Schwarzenbach site despite the high production costs in Germany. As part of the long-term corporate strategy, the management team is focusing on strict cost management, further development of the product portfolio, and greater efficiency in production and administrative processes. The company does not expect a market recovery in 2026 and 2027.

Rieter advances strategic repositioning amid market volatility

Rieter successfully completed the acquisition of Barmag on February 2, 2026, and reached an important milestone in the company’s repositioning. Barmag will be integrated into the Rieter Group as the “Man-Made Fiber” Division. With this strategically transformative acquisition, Rieter is expanding its core business beyond the short-staple fiber business in a targeted way. This positions Rieter as the global market leader along the entire value chain for natural and man-made fibers. In addition, as a complete systems supplier, Rieter is further strengthening its technological leadership in the areas of automation and digitization.

Huixing acquires insolvent Mayer & Cie.

Insolvency proceedings for the circular knitting and braiding machine manufacturer Mayer & Cie. were opened on December 1, 2025. Immediately following the opening of proceedings, the complete cessation of business operations was initiated. Most employees were subsequently given notice effective the end of February 2026. The production of the remaining orders in the circular knitting segment is expected to be completed by the end of the month. As early as December 2025, Mayer & Cie.’s braiding machine division was sold to an Italian investor.

DYNEEMA® and NP Aerospace advance personal protection for military servicewomen

Dyneema®, owned by Avient Corporation, an innovator of materials solutions, is supplying its high-performance unidirectional (UD) materials to world-leading armor manufacturer NP Aerospace, enabling the production of armor systems designed specifically to fit the female body. With 2,000 new armor systems, including 4,000 plates, made in the United Kingdom (UK) and delivered in June 2026, this collaboration addresses a long-standing lack of high-quality personal protection specially built for female defense and security personnel.

Textile Exchange publishes comprehensive polyester LCA study

Textile Exchange has released a new Life Cycle Assessment (LCA) study on polyester, providing detailed data on the environmental impacts of both virgin and recycled polyester production. The study aims to strengthen understanding across the fashion, textile and apparel industries and support more informed decision-making regarding polyester sourcing and production.