switzerland

2nd Feb 2023

Switzerland’s Gurit, a company that specialises in advanced composites, has posted preliminary and unaudited net sales of CHF 499.5 million, up 6.7 per cent YoY, for fiscal 2022. The company’s net sales of continued operations were CHF 488.6 million, which is an increase of 17 per cent at constant exchange rates or 11.6 per cent in reported CHF versus...

1st Feb 2023

Swiss company Autoneum operates five Dieffenbacher automotive component production lines at its Sevelen site. Together with Dieffenbacher, Autoneum has now extensively modernised one of the lines, a GMT/LFT-D line for glass-fibre-reinforced thermoplastics. One highlight of the project was the introduction of the new Evoris digitalisation platform.

11th Jan 2023

Switzerland’s Autoneum has signed an agreement to acquire the automotive business of Borgers. The transaction is expected to close in April 2023. The enterprise value paid amounts to €117 million. The transaction will be financed through a new credit facility which is available in addition to the syndicated loan of CHF 350 million renewed in October...

22nd Dec 2022

Switzerland’s Archroma has announced the renewal of its EcoVadis ‘Platinum’ status and further improvement of its overall rating. The company has consolidated its position amongst the top one per cent best-rated companies. Archroma is a provider of specialty chemicals serving the branded and performance textiles, packaging paper, and coatings market.

14th Dec 2022

Switzerland’s Autoneum has announced Eelco Spoelder-who has over 25 years of experience in the automotive supply industry-as its new CEO. Matthias Holzammer is handing over the operational management of Autoneum due to personal reasons as of March 27, 2023. Autoneum is one of the leading manufacturers of vehicle acoustic and thermal insulation for...

29th Nov 2022

Switzerland-based leading acoustic and thermal management supplier for vehicles Autoneum has created a fully recyclable carpet system that is made of 100-per cent polyester. The carpet system is made with high content of recycled polyethylene terephthalate (PET), latex-free manufacturing process, and less energy-intensive production process.

8th Nov 2022

Swiss-based Sanitized is increasing its innovation expertise by appointing a new CTO, Martin Cadek, who will oversee global technological activities for the specialist antimicrobial hygiene brand. Cadek will lead the company’s competence centre for technology innovation and will focus on breaking new ground to develop innovations in sustainability.

27th Oct 2022

Following the recent establishment of Swiss-based, Santis Textiles, the sister company of global textile giant, Santis Textiles, Annabelle Hutter, a 2022 honouree of the prestigious Tatler Magazine Asia’s Generation T list of 300 leaders of tomorrow, has been appointed as managing director to bring a fresh perspective and creative ideas to the company.

18th Oct 2022

Index23, the world’s largest nonwovens exhibition, will be returning to Geneva, Switzerland, from April 18-23, 2023. In this crucial moment for the industry, the participation in the leading event will allow businesses and customers to sustain an updated network, staying ahead on both business opportunities and new developments, thus encouraging...