#Weaving

2024-11-07

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.

itema booth at ITMA 2023 © 2024 TexData International

Schoch has been founded by Alfredo Schoch in 1907 in Ranica, Bergamo Province, and since then manufactures high quality accessories for the textile industry. Son of a Swiss reeds manufacturer, Alfredo Schoch sets up his business in Italy and carries on the family’s entrepreneurial vocation.

Over the years, Schoch installs in its plants the most advanced manufacturing technologies to constantly ensure its products renowned superior performances.

In 2019, with the entry into Itema Group, Schoch moved the Italian site from Ranica to Colzate, at the Itema headquarters and could count on a solid and well-structured organization, dedicated to satisfying even the most demanding customers' requests. In addition to the Italian plant, Schoch also has a production site in India with 100 employees.

Ugo Ghilardi, CEO of Itema Group, commented: “With this transaction, we completed the acquisition process of Schoch & Co. As done in 2021 with Lamiflex, Itema aims to integrate the human and industrial capital of the Group’s companies with the ultimate goal of maximizing collaboration and results, both in terms of product development and new markets.”

Itema reaffirms its commitment to the Syrian textile industry at NasTex 2026

From July 18th to 21st, Itema will exhibit at NasTex at the Damascus Fairground (Hall 11 – Stand C02), marking its return to one of the Middle East’s historically significant textile markets. Itema will showcase advanced weaving technology designed to support the competitiveness and technological evolution of Syrian manufacturers and announces a new partnership with Growfast Agency as the sole agent of Itema in Syria.

Itema to showcase weaving excellence at ITM 2026

From June 9 to 13, Itema will exhibit at ITM 2026 in Istanbul (Hall 8 – Stand 806D), unveiling a distinctive exhibition concept designed to highlight the Company’s expertise across the entire weaving value chain. For this year’s edition, Itema will introduce an innovative stand experience built around two core areas: advanced weaving and spare parts solutions and an immersive textile gallery featuring fabrics produced by Itema Customers worldwide.

Itema America acquires Palmetto Loom Reed, strengthening local manufacturing and service in the U.S.

Itema America, the U.S. subsidiary of Italy-based Itema Group, has acquired – through an Assets Purchase Agreement – Palmetto Loom Reed, a Greenville, South Carolina-based manufacturer of weaving reeds and one of the last remaining domestic producers of these precision components in the United States.

"Dynamic markets do not only create uncertainty – they also create opportunities."

Volatile markets, increasingly complex materials and growing demands for flexibility are changing the weaving industry. At the same time, new opportunities are emerging in technical textiles, filtration, composites and many other specialised applications. Since taking over as Head of DORNIER's Weaving Machines Product Line at the beginning of 2026, Yvonne Schuberth has been helping to shape this development. In this interview with TexData, she explains why process stability and customer proximity remain the foundation of innovation, how digitalisation is transforming weaving mills, and why she believes the future belongs to technologically demanding applications.

MK SONS Denim Research to make its debut at Kingpins Amsterdam

MK SONS Denim Research, a specialist denim development and manufacturing division of Pakistan-based textile and garment manufacturer MK SONS, will make its debut at Kingpins Amsterdam on October 14–15, 2026. The company will present its approach to integrating denim product development with industrial manufacturing at stand T in the Green Area.

Syre appoints Tim King as CEO

Syre has appointed Tim King as its new Chief Executive Officer, succeeding Dennis Nobelius, who has decided to leave the company after more than three years as CEO to pursue new opportunities in another industry. King, who has been with Syre since its early days, has been responsible for the company's industrial development and the execution of its strategy.

BW Converting, Archroma and Monforts to highlight precision spray finishing at IGATEX Pakistan 2026

BW Converting, Archroma and Monforts will participate in IGATEX Pakistan 2026, held Oct. 15–18 at the Expo Centre Lahore, at Al-Ameen Trading Corporation’s stand F-2-09 in Hall 2. Together, the companies will highlight precision spray-finishing technology, textile chemistry expertise and application-development support to help Pakistan’s textile manufacturers evaluate opportunities to improve finishing performance and production efficiency.

Barmag to showcase next-generation spinning technologies and smart factory solutions at India ITME 2026

The textile industry is entering a groundbreaking era. Manufacturers face rising energy prices, growing sustainability demands, increasing labor shortages, and an unprecedented need for flexibility. For a globally active textile industry, where competitiveness is closely linked to production efficiency and cost leadership, this means that technology is no longer merely a means of improving operational processes – it is increasingly becoming a strategic differentiator. Against this backdrop, Barmag will present a innovation portfolio at India ITME that goes far beyond incremental machine upgrades.