Vandewiele Belgium & Savio India finalise merger

This strategic alliance will benefit the Indian textile industry, as the expertise from these two leading groups, offering complete weaving, winding, twisting solutions to the Indian customers, will give them a sustainable competitive advantage in their business.

“We are convinced that these joined forces provide a comprehensive network of integrated services that will better serve our customers’ needs for the Indian market,” the two companies said in a joint media release.

The merger of the Group activities has resulted in a wide range of synergies in the service, care solutions and developments, with benefits for the customers. Vandewiele-Savio India is ready to provide the region with high class textile machines with cost effectiveness and the best support.

Its corporate office is located at Coimbatore with a strength of about 250 people and sales and service offices at Coimbatore, Ludhiana, Ahmedabad, Kolhapur and Thane cover the whole product range of the Group.

Vandewiele builds carpet looms, velvet looms, jacquard machines and integrates innovative textile systems for flooring qualities, home linen, fashion fabrics and technical textiles. Sharing inspiration and expertise with its customers worldwide, the company shapes the textile industry of the future. Its research and development department and test-engineers are continuously developing new applications, the company said in the release.

Over its 110+ years history, Savio acted as a technological leader and most innovative player in attractive niches of the textile value chain. Savio leverages on the best value-for-money proposition in the industry. It has a consolidated presence in all relevant geographies with a local-for-local approach, allowing Savio to promptly address market demand and requirements. Savio specialises in the textile machinery sector for the yarn finishing segment being the leading supplier of winding and twisting machines with manufacturing plants in Italy, China and India. Savio India, the advanced TFO manufacturing set up of Savio group in India, will continue to provide and ensure state-of-the-art customer support and spare parts services.

Fibre2Fashion News Desk (KD)