switzerland

15th Mar 2024

Autoneum reported a 34.8 per cent revenue growth in FY23, reaching CHF 2.3 billion ($2.59 billion). Adjusted EBIT more than doubled to CHF 99.2 million, with net profit increasing to CHF 61.1 million. While the company’s Europe and North America businesses saw significant revenue increases, Asia experienced a slight decline, and SAMEA showed strong ...

13th Mar 2024

Autoneum expands production in Asia with new plants in Changchun, China, and Pune, India. The Changchun facility focuses on light and commercial vehicles, while the Pune plant extends Autoneum's footprint in India's auto manufacturing sector. These expansions reflect Autoneum's commitment to addressing market needs and enhancing its position in key ...

24th Jan 2024

Autoneum experienced a substantial 27.6 per cent increase in consolidated revenue in Swiss francs for 2023, attributed to the acquisition of Borgers Automotive and a favourable market environment. Consolidated revenue reached CHF 2,302.3 million, with organic growth at 7.2 per cent. Europe and North America also saw significant revenue rises.

12th Dec 2023

Partners Group, on behalf of its clients, will acquire Velvet Care, a leading European hygiene paper products manufacturer, from Abris Capital Partners. Velvet Care produces branded and private-label products, with two production sites covering the full process. The company, generating €277 mn in 2022, is known for its innovation and owns the...

4th Dec 2023

The Index 26 nonwovens industry exhibition, originally scheduled for April 21-24, 2026, has been rescheduled to May 19-22, 2026, at Palexpo, Geneva. This change showcases the industry's adaptability and responsiveness. The nonwovens event promises a rich programme with product presentations, seminars, and workshops, and will focus on diverse...

8th Nov 2023

Global filtration solution provider Gessner has launched Naltex extruded sleeves, designed as outer casings for filter elements. Crafted from resilient materials, these sleeves offer durability and efficiency in diverse environmental conditions. With applications in various sectors, from food to industrial settings, they ensure reliable pleat...

22nd Aug 2023

Uster Technologies offers advanced fabric inspection solutions for nonwovens producers. Their Uster Jossi Vision Shield N utilises powerful imaging spectroscopes to detect and eliminate even small color deviations, ensuring contamination-free fibres. Uster EVS Fabriq Vision N provides automated defect detection at production's end, maintaining...

13th Jul 2023

OETI, a member of the Testex Group, has acquired ECS, a testing and certification company specialising in eye and face protection equipment. The acquisition expands OETI's service portfolio in the PPE sector. ECS will continue operating with its existing employees and location. The acquisition aligns with OETI's internationalisation strategy.

23rd Jun 2023

Swiss Precision Active is presenting CopperActive, a groundbreaking medical scrub at FIME Miami Fair. The innovative scrub incorporates copper and natural organic fabrics to combat bacteria and set a new industry standard. The mission is to provide healthcare professionals with innovative solutions that benefit both health and the environment.