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Man-Made Fibers
2025-12-04
Teijin and Asahi Kasei to merge textile subsidiaries into joint venture
Teijin Limited and Asahi Kasei Corporation have signed a definitive agreement to integrate their textile subsidiaries Teijin Frontier Co., Ltd. and Asahi Kasei Advance Corporation. The announcement was approved by Teijin’s Board of Directors on 1 December 2025 and marks a significant consolidation move within Japan’s advanced materials and textile sector.
...moreKnitting & Hosiery
2025-12-03
Mayer & Cie. to shut down after failed search for investor – 270 jobs affected
Mayer & Cie., the long-established German manufacturer of circular knitting and braiding machines, will cease operations after its international search for an investor ended without success. The company, based in Albstadt-Tailfingen, had been undergoing insolvency proceedings in self-administration since its filing on 23 September 2025. As Schwarzwälder Bote reports, the insolvency court has now formally opened the proceedings, triggering the decision to wind down the business in an orderly process.
...moreHome Textiles
2025-12-01
Beaulieu International Group announces the sale of its upholstery business to GH Private Equity
Beaulieu International Group (B.I.G.) has signed a Share Purchase Agreement with GH Private Equity to sell all shares of its upholstery activities, known under the brand name Tessutica. The closing was officially finalized on Thursday 27 November 2025.
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