#Techtextil 2019

2019-04-18

Itema Group exhibits at Techtextil and announces the new Itema Technical Textiles Division – Itematech

Itema, the leading Italian manufacturer of best-in-class weaving machines, spare parts and integrated services, will exhibit at Techtextil in Frankfurt (Hall 3.0, D05) and announces an important contribution for the sector. In fact, Itema will seize the opportunity of the worldwide technical textiles flagship event to launch Itematech, the new company exclusively dedicated to producing weaving machines for the benefit of technical fabrics weavers.

With the aim of setting a new technological benchmark in technical textiles weaving by providing the market with the most comprehensive product offering to manufacture this highly specialized fabrics, Itema recently signed an agreement for the business lease of PTMT (formerly Panter), thus giving rise to Itematech.

Thanks to the strong know-how resulting from the merger of Itema and PTMT (formerly Panter) expertise and competences, Itematech will offer the widest range of best-in-class technological solutions to weave technical fabrics.

Technical fabrics manufacturers will now on find in Itematech a unique partner and technological reference point to meet and exceed all their needs when it comes to weaving the full range of technical applications.

The strategic alliance between the two historic weaving manufacturers leads to a complete and never-before-seen product portfolio, which ranges from negative and positive rapier, to air-jet and projectile weaving machines.

Technical fabrics industry differs significantly from standard fabrics production, since it involves highly innovative man-made raw materials and yarns and addresses end markets characterized by particular trends.

Always attentive to its Customers needs, Itema set up Itematech with the aim to provide to technical fabrics producers a partner capable of satisfying their specific requirements by offering the most complete weaving solutions range available in the market and the most skilled technical textiles team in the industry.

Discover more about Itematech and its unique technological offering by visiting Booth D05 in Hall 3.0 (joint booth with the Itema sole agent in Germany Elmatex).

Itema is participating in ITMA Asia + CITME 2025 in Singapore showcasing a new air-jet weaving machine and a series of innovations

Itema is pleased to announce its participation in ITMA Asia + CITME 2025 in Singapore in Hall 2 – Stand B101, where the company will present a dedicated product line-up tailored to the Asian markets. Visitors will have the chance to discover a series of world premieres and product upgrades designed to deliver superior textile performance and meet the most demanding weaving requirements.

Itema completes the acquisition of Schoch & Co Srl

Itema, leading global provider of advanced weaving solutions, has completed the acquisition of Schoch, historic company active in the production and supply of accessories for textile machines, such as reeds, drop wires and other components. The operation completes the integration process already started in 2019 with the acquisition of 80% of the company's shares and, following the agreement reached with the heirs of the founding family, Itema acquires the remaining 20% and becomes the sole shareholder of the Italian subsidiary Schoch & Co Srl.

Rieter reports stable order backlog and strategic progress – outlook for 2025 adjusted

In its Investor Update 2025, Rieter announced an order intake of CHF 203.9 million in the third quarter and CHF 559.3 million after nine months, reflecting a continued cautious investment climate in the textile machinery sector. Sales totaled CHF 121.5 million in the third quarter and CHF 457.7 million for the first nine months of the year, while the order backlog stood at around CHF 590 million as of September 30, 2025.