JMBT Beteiligungen AG, a 100% subsidiary of Jakob Müller Holding AG and an affiliate of Jakob Müller AG, has acquired all of the share capital of Benninger AG from Benninger Holding AG.
With this acquisition, Jakob Müller AG is expanding its position in the textile finishing sector.
As a result of its integration into the Jakob Müller Group, Benninger will benefit from the sound structures and common ground with regard to technology, production and sales, and can therefore extend its operations.
This acquisition will enable Jakob Müller AG to expand into an associated business field and profit from Benninger’s know-how in respect to textile finishing.
In 2015, the Benninger Group workforce totaled around 330 employees including 110 in Switzerland. As a technological and market leader, the Swiss company develops, produces and sells textile finishing systems as well as systems for tire-cord production around the world. Its customers are active in the premium segment.
Jakob Müller AG is the parent company of various companies that operate exclusively in the field of narrow fabric looms. In this sector, Jakob Müller AG is the global leader with production facilities in Switzerland, Germany, the Czech Republic, Italy, India and China, as well as sales offices in all major textile markets.