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Knitting & Hosiery
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.
...moreSpinning
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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