#Industry News
Strengthening Stäubli Textile portfolio
Stäubli finalizes acquisition in North Africa to reinforce its position in the Jacquard segment
Stäubli announces the successful acquisition of Techno Nord, based in Bizerte (Tunisia), thereby expanding its Textile Jacquard portfolio. The move will further improve the manufacturing capabilities and profitability of Stäubli's harnesses and increase its market share in this field. Techno Nord is the technical leader in the production of Jacquard heddles and marks Stäubli's first presence on the African continent.
The acquisition results from a fruitful cooperation of more than twenty years between Stäubli and Techno Nord, with the latter being an important supplier to its Textile division. As Jacquard heddles present an essential component of the harness, the acquisition of the best-in-class manufacturer constitutes a strategic step to complete the manufacturing of harnesses within the growth strategy of the Stäubli Group.
Ensuring long-term performance while maintaining high-quality standards
The central objectives behind this acquisition consisted in ensuring the high performance of Jacquard installations and quality of Stäubli equipment in the long-term, as well as enhancing innovation and product offerings. The expansion will give Stäubli a stronger position in the international mid-range harness market.
The new branch will operate under the name of “Stäubli Bizerte”. Gerald Vogt, CEO of Stäubli group stated on this business development: “We are excited to announce this important step within Stäubli’s global strategy. We warmly welcome our new colleagues and are eager to build on this successful cooperation under one roof.”
Bertrand Leroy, Textile Executive President at Stäubli added: “I would like to highlight the importance of Techno Nord’s acquisition for the group’s global textile business. Taking this step with a trusted partner is a significant milestone to maintain our strong position in the textile sector.”
The integration of the Tunisian branch demonstrates the group’s ambition for sustainable growth globally.