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25th April 2016, Trissino

Santex Rimar Group expands into weaving sector with acquisition of SMIT

Santex Rimar Group has announced the official addition of SMIT, one of the leading manufacturers of weaving machines, to its brand portfolio, marking the Groups’ expansion into the weaving sector for the textile industry.

The group announced that it had started the acquisition of SMIT Textile at ITMA 2015 that took place in Milan, in November last year.

The entrance in Santex Rimar Group is an essential element of the Group’s strategic development. © Santex Rimar Group

“SMIT technological know-how and committed human capital struggled by the past operational problems deserve to keep growing,” said Ferdinando Businaro, Santex Rimar Group President. “We firmly believe in this restart: we have a solid plan involving our territorial district historically devoted to textile industry. We will start SMIT production in Trissino where Santex Rimar Group headquarters are based and supplying customers throughout the world.”

Weaving technology

SMIT has been a forerunner in the weaving textile machine sector since 1938 and has become a key player in supplying weaving machines for a large variety of applications.

The technology characterizing SMIT production includes weaving machines with rapier weft insertion for home textiles, garments and terry cloths; air-jet weft insertion machine for high production volumes and customized solutions for the production of special technical fabrics.

Synergy

The entrance in Santex Rimar Group is an essential element of the Group’s strategic development and will allow SMIT to use a vast sales and support network worldwide to open up new opportunities and to provide a higher level of know-how for customers, the company reports.

With more than 150 years of history, Santex Rimar Group is present in various countries with four factories and more than 10,000 customers globally, aiming to combine lower cost of production and environment friendly technologies. Santex Rimar Group has local companies in Italy, Switzerland, China and India.

“The achieved synergy between SMIT and Santex Rimar Group allows customers to rely on a global service network, high quality products, deep technological heritage and above all on an integrated technology provider for all production processes, from loom to finished - natural and technical – textiles,” says the company.

www.santexrimar.com

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