Posted January 26, 2017
ALBSTADT, Germany – Groz-Beckert announced recently that it has purchased the Ferd. Schmetz Group, based in Aachen, Germany.
The Ferd. Schmetz Group is a long-established producer of industrial sewing machine needles and has around 700 employees worldwide. The acquisition includes the production sites in Germany, Switzerland and India as well as the global distribution network.
With this acquisition, the Groz-Beckert Group complements its existing range of products for the clothing industry. The Ferd. Schmetz GmbH will be continued as an independent company within the Groz-Beckert Group. The Schmetz brand and its product range will be offered through the existing distribution channels and partners without change.
The company Schmetz was founded in 1851. The brand Schmetz stands for the manufacturing of high-quality sewing machine needles and is established for designers, quality managers and producers as well as fashion ateliers and hobby sewers around the globe.
Groz-Beckert has been a supplier to the sewing industry since 1980. The portfolio of sewing machine and shoe machine needles of Groz-Beckert covers around 5,000 different types and stands for perfectly precision. From classical underwear and outerwear, through leather processing to highly complex non-standard applications, the product range covers every area of the textile and shoe industry. Groz-Beckert also has solutions to offer for the field of technical textiles.
Source: Groz-Beckert
Groz-Beckert acquires needle producer Schmetz