Saudi Businessman Sheik Al Jaber Saves Backhausen From Bankruptcy
HOHENEICH, AUSTRIA—Backhausen has reportedly sold 50 percent or more of its shares to Sheik Mohamed Al Jaber, a Saudi businessman and owner of JJA Beteiligungsverwaltung, an Austrian company.The original story was released in Courier, an Austrian… Read more.September 26, 2012
Romo Launches ‘Black’ Brand, Its Sixth, Priced Above Romo
NOTTINGHAM, UK—Romo is expected to launch a new up-market brand to be named either ‘Romo Black’ or ‘Romo Black Edition’ with the final name to be decided on in the next few weeks, confirmed Jonathan Mould, Romo principal.The… Read more.September 26, 2012
ADF/Westgate Ends Relationship with Sam Rayess, Wants to Continue in Beirut; Schroeder Leaves
NEW YORK — ADF/Westgate has ended its agreement with Houssam ‘Sam’ Rayess to represent it in the Middle East as director of sales after almost two years to the day. Mideast customers who were waiting for goods from ADF/Westgate are… Read more.September 22, 2012
Machell Apple Joins Victor Contract
Saint-Georges, Quebec, Canada–Machell Apple will join the Victor Group as the ‘director of new development initiatives.’This newly created position within Victor’s contract fabric business has the responsibility of identifying and initiating… Read more.September 19, 2012
Muller–Zells Makes Two Acquisitions in 2012; Now Makes Fabric Up to 320 Centimeter Width
Weissdorf, Germany—Mueller Zell made two acquisitions in 2012 to round out its contract product line.Last January, Mueller Zell took over the 160 year old Swiss company Weissbrod-Zuerrer and shifted all of the looms to its mill in Weissdorf,… Read more.September 19, 2012
The Dogan’s Launch Doleda, A New Mill Grows in Turkey
BRUSSELS, BE—Levent Dogan and his wife, Daria have started up a new jacquard weaving company in Istanbul,Turkey under the name of ‘Doleda Interiors.’Doleda started doing business last November according to Dogan who previously held several… Read more.September 15, 2012
Roseline Ragolle Resigns Presidency; Other Family Members Take Control
WAREGEM, BE--Roseline Ragolle, president of Ragolle left the company prior to MoOD and news of her departure was circulating the halls of the fair where the company exhibits its lines.The company is planning a formal announcement in the… Read more.September 15, 2012
Kvadrat’s Kinnasand Purchase Makes Strong Combination
EBELTOFT, DK -- Kvadrat, a leading European design-textile company, says it is substantially strengthening its position in the retail market with the acquisition of Kinnasand July 16.Kinnasand, based in Germany, specialises in designing… Read more.September 15, 2012
