#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 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.

Itema exhibits the two best-selling high-end rapier weaving machines of the Region, R9500EVO and Galileo-RX at SITEX 2026

Following the opening of its new Surat Service Center in November, Itema will exhibit at SITEX (Stand 286) from February 21st to 23rd at the Surat International Exhibition and Convention Centre (SIECC). Surat has long been one of Itema’s most strategic markets, a role further reinforced by the inauguration of the Surat Service Center last November. Equipped with an advanced electronic repair center, a weaving machine behavior simulator, and a local spare parts warehouse, the new facility strengthens Itema’s presence in the region while bringing the company even closer to its Customers.

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.

GenuTrace client advisory: Is your cotton supply chain UFLPA ready?

U.S. Customs and Border Protection has released updated operational guidance (CBP Publication No. 5560-0526) expanding its forced labor enforcement framework. The guidance supersedes the original 2022 UFLPA Operational Guidance and now covers all forced labor enforcement authorities — UFLPA, CAATSA, and WROs/Findings — in a single unified document. For cotton importers, the enforcement posture has not softened. It has become more structured, more documented, and more demanding. Learn more about UFLPA.

STOLL: Agreement signed for the divestiture of selected assets

In early 2025, KARL MAYER announced its strategic decision to focus on its core business areas of WARP KNITTING, WARP PREPARATION, and TECHNICAL TEXTILES. As part of this move, the flat knitting machine business under the STOLL brand was discontinued and the production site in Reutlingen was closed in October 2025.

TERNAfil wins first place at PitchMiUp Night 2026 in Minden

The RWTH spin-off TERNAfil has developed MAXCarbon, a new high-performance hybrid fibre that combines the mechanical performance of carbon with the temperature and corrosion resistance of ceramic materials. For this development, TERNAfil was awarded first prize at the PitchMiUp Night in Minden on 21 May 2026.