#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.

Picanol to present its leading weaving technology at ITM 2026

Picanol is pleased to announce it will be participating in ITM 2026 in Istanbul. This is a key event for industry professionals to engage with the Turkish textile industry as well as the extensive international audience attending the fair. During the event, Picanol will present its latest innovations to the visitors in Hall 8, booth 802.

Vandewiele Group presents integrated textile innovations at ITM 2026

At ITM 2026 in Istanbul, the Vandewiele Group will showcase a broad portfolio of weaving, carpet and textile machinery technologies under the theme “Textile Innovations Together”. From 9 to 13 June 2026, the Group will present solutions from its brands Vandewiele, Savio, IRO and BMSvision in Hall 7 / Booth 710A.

C&S strengthens its governance to support its evolution

C&S announces the appointment of Marco Lucietti to its Board of Directors. With extensive international experience across the textile and denim industries, Lucietti will work alongside CEO Federico Corneli, contributing to the company’s managerial development, organizational structure and long-term strategic direction.

Industrial scale meets verified governance: RE&UP is now B Corp™ certified

RE&UP, the circular-tech transforming global textile waste into high-volume Next-Gen materials, has officially become a Certified B Corporation™. The milestone establishes the industrial recycler among a select group of manufacturing infrastructure providers verified as meeting B Lab Standards for social and environmental performance, transparency, and accountability.