Groz-Beckert purchases Ferd. Schmetz Group

May 1st, 2017

Groz-Beckert recently 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 an estimated 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 […]

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