#Making-Up

2021-08-19

Coloreel appoints new CEO

In alignment with Coloreels extensive and international growth strategies a new CEO has been appointed, Torbjörn Bäck. With previous experience from various senior positions at companies such as Camfil, Nederman and IBM. Torbjörn will steer Coloreel and its unique patented technology for digital dyeing of textile thread on-demand into a prosperous growth journey.

The Board of Directors of Coloreel has appointed Torbjörn Bäck as CEO starting Aug 9, 2021. He will succeed Mattias Nordin who will transition to a new roles within Coloreel as Senior Vice President Business Development. “We like to take the opportunity to thank Mattias for his great contribution during his four years as CEO” says Anders Persson, Chariman of the Board.

Torbjörn Bäck most recently came from the role as President of Camfil Northern Europe, an international manufacturing group with world leading technology. Prior to this, Torbjörn was Senior Vice Persident for Nederman in Asia Pasific. From his previous career, Torbjörn has a long industrial experience from sales and marketing, product management including hands on leadership experience for how to create growth for products and innovative companies.

“After a thorough search process, we are pleased that Torbjörn has agreed to join Coloreel. Torbjörn is a highly experienced and trusted senior leader with strong international experience. The Board and I are convinced that Torbjörn is the right person to lead Coloreel to the next level of our scale up and international expansion” Anders adds.

Torbjörn, who has already started his Coloreel journey comments:

"I am very exited to join Coloreel. Our strong offering for high-quality digital dyeing of textile thread on-demand will fundamentally change the textile and embroidery industry. I look forward to work with the entire organization and our partners to execute on the strategy and to grow Coloreel. The fact that our products enables sustainable and stunning fashion and apparel details makes me proud and exited about the journey ahead."

Torbjörn Bäck, CEO Coloreel (c) 2021 Coloreel

Coloreel Group AB files for bankruptcy

Coloreel Group AB, a pioneering Swedish technology company known for its instant thread dyeing technology, today announced that it has filed for bankruptcy. The decision comes after the company's inability to develop its business volume quickly enough and, related to this, secure the necessary financing.

Precision at the Forefront: Groz-Beckert at ITMA Asia 2024

As ITMA Asia 2024 approaches, Groz-Beckert is set to unveil a range of cutting-edge innovations in textile machinery components. From October 14-18, 2024, visitors can expect a showcase of the company’s latest developments in knitting, weaving, nonwovens, tufting, sewing, and spinning at Hall 4, Booth C04. With a focus on precision and performance, Groz-Beckert’s offerings align with the growing demand for enhanced efficiency and sustainability in textile production.

Val:ue Milan unveiled – a curated boutique business hub for high-end apparel textiles

Messe Frankfurt continues to expand its international textile network with the announcement of Val:ue Milan. Moving beyond the traditional trade fair model, Val:ue Milan debuts as a prestigious, boutique-style business hub exclusively dedicated to elected fabrics and accessories for apparel. Taking place from February 3 to 5, 2027, at The Mall in Porta Nuova, the event breaks away from conventional formats through a strictly curated environment designed for strategic networking. By bridging the gap between high-end international manufacturers and top-tier segment buyers, Val:ue Milan further strengthens the Group’s global portfolio with a unique, high-impact concept built around a refined and carefully selected offering.

Closing completed – Mayer & Cie. Global starts business operations

The future of the Mayer & Cie. brand has been secured: Following the successful completion of the purchase agreement for assets in the circular knitting machinery segment of the German traditional company Mayer & Cie., which was signed in February this year, the brand will continue to exist. The transfer of these assets to the new owner, Xu Hongjie, was formally completed yesterday afternoon. This clears the way for the resumption of business operations at the Albstadt site.

Techtextil 2026 recognition for the UK’s FET

Fibre Extrusion Technology (FET) will receive the Techtextil 2026 New Production Technology Innovation Award at next week’s Techtextil in Frankfurt (April 21-24). The Leeds-based member of the British Textile Machinery Association (BTMA) has developed the FET-500, a new toxic solvent-free gel small scale system for the production of ultra-high-molecular-weight polyethylene (UHMWPE).

Lower CO2, stronger bonds: Indorama Ventures enables customers’ performance at Techtextil

At Techtextil 2026 in Frankfurt am Main, Indorama Ventures presents its latest material innovations aimed at supporting customers in achieving both performance and sustainability targets. The company highlights solutions based on recycled and bio-based raw materials as well as advanced binder fibers, addressing current market demands for lower CO₂ emissions, improved efficiency, and reliable supply.