Business
Mayer & Cie. files for insolvency under self-administration
On 23 September 2025, Mayer & Cie., a manufacturer of circular knitting and braiding machines in Albstadt, filed an application for the opening of insolvency proceedings in self-administration at the Hechingen District Court.
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Lenzing AG refines strategy and strengthens competitiveness for a challenging environment
Lenzing AG, a leading provider of regenerated cellulosic fibers, refined its strategy to strengthen its global positioning and competitiveness. With this step, the company responds to the ongoing challenges in the global textile and nonwovens markets as well as geopolitical changes. Cornerstones of the refined strategy include focusing on high-performance fibers, enhancing operational efficiency and asset footprint optimization, which should further unlock the company’s full value creation potential.
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Rieter announces successful completion of rights issue
Rieter Holding Ltd. has successfully completed its rights issue: 99.06% of subscription rights were exercised by the end of the subscription period on October 1, 2025. The remaining shares will be placed on the market.
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Fourth Monforts Montex for Europe’s quality linings leader
Through a planned programme of continuous expansion, including ongoing projects aimed at resource efficiency and environmental excellence, Spain’s Textil A. Ortiz has reinforced its position as Europe’s leading supplier of premium quality lining fabrics.
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CARBIOS presents its 2025 half-year results and confirms its objective to build a PET biorecycling plant, with a revised timeline
CARBIOS (Euronext Growth Paris: ALCRB), a pioneer in the development and industrialization of biological technologies aimed at reinventing the lifecycle of plastics and textiles, today announces its 2025 half-year results and confirms its objective to build a PET biorecycling plant in Longlaville, with a revised timeline.
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Kelheim Fibres on track for the future
Kelheim Fibres GmbH, a global leader in specialty viscose fibre solutions, has successfully completed an internal restructuring and sharpened its focus on core product segments following its October 2024 insolvency filing. This has enabled the company to return to a sustainable business model, with a firm commitment to continue on this path.
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Itema lays the First Stone of the new Manufacturing Site of Ponte Nossa
The ceremony for the laying of the First Stone of the new Itema Site in Ponte Nossa took place on Thursday, 18th September.
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Rieter shareholders approve capital increase to finance Barmag acquisition
Rieter Holding Ltd. has published the final details for today’s Extraordinary General Meeting (EGM) and subsequently received shareholder approval for all proposals put forward by the Board of Directors.
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Artistic Milliners acquires majority stake in Cone Denim
Artistic Milliners, a global leader in denim innovation, today announced the acquisition of a majority stake in Cone Denim from Elevate Textiles. The new multi-national company will operate under the historic Cone Denim name. Artistic Milliners' Pakistan operations and business will continue to operate independently. The transaction is expected to close in the first quarter of 2026.
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Toray Industries and MAS Holdings announce Joint Venture in Odisha, India
Toray Industries (H.K.) Ltd., has officially entered a joint venture with South Asia’s largest apparel manufacturer MAS Holdings, marking a unique opportunity to enhance the two companies’ supply chain capabilities and pursue product manufacturing within and for the fast-growing Indian market. The joint venture, operating under the name Toray MAS Apparel India, will see the establishment of a new manufacturing facility at the MAS Apparel Park Bhuinpur in Odisha, India, which is currently under development.
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AMSilk secures EUR 52M strategic financing to accelerate commercial growth
AMSilk GmbH (“AMSilk”), a frontrunner in advanced biomaterials made from silk-based proteins, today announced it has successfully secured EUR 52 million financing led by existing investor ATHOS (AT Newtec), along with strong participation from fellow existing investors MIG Capital and Novo Holdings. The financing combines EUR 30 million in equity, and EUR 22 million in convertible bonds. This reflects strong investor confidence and long-term commitment in AMSilk’s technology and market potential.
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Lenzing AG accelerates energy transition with expanded renewable energy portfolio
The Lenzing Group, a leading provider of regenerated cellulose fibers for the textile and nonwoven industries, is setting another milestone in the energy transition by expanding its photovoltaic capacities at its Lenzing site. Together with VERBUND, a new PV plant with a capacity of 1.3 megawatts peak (MWp) has been commissioned, increasing the total capacity of the PV plant park to 8.3 MWp. Lenzing is thereby investing in a stable and diversified energy supply and is also making an active contribution to the energy transition.
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New alliance for high-performance drive technology
The Lenze Group, international specialist for drive technology and automation solutions, and Sonepar in Germany, leading electrical wholesaler, have entered into a sales partnership with a focus on innovation and market penetration. Since 1 July 2025, Sonepar has been an official "Lenze Performance Partner Distribution" - with the aim of bringing innovative drive solutions to industry faster and more comprehensively.
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