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Knitting & 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.
...moreMan-Made Fibers
2025-11-06
Lenzing AG: Stable revenue and improved EBITDA despite market headwinds
In the first nine months of 2025, Lenzing AG recorded revenue growth and higher EBITDA, but a market-driven volatile third quarter. This performance reflects the effects of ongoing market volatility, tariffs and geopolitical uncertainties. Nevertheless, the medium to long-term outlook remains positive.
...moreNews Archive
Man-Made Fibers
Kelheim Fibres on track for the future
Knitting & Hosiery
Mayer & Cie. files for insolvency under self-administration
Man-Made Fibers
Lenzing AG refines strategy and strengthens competitiveness for a challenging environment
Dyeing, Drying, Finishing
