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Textile machinery business transfer completed
October 29th, 2018
With the final transfer of ownership effective October 1, 2018, Oerlikon Barmag Spinnzwirn became the independent company STC Spinnzwirn GmbH (Starlinger Textile machinery Chemnitz). In May 2018, the Austrian Starlinger Group announced the acquisition of the Chemnitz-based business unit Barmag Spinnzwirn from Oerlikon. STC Spinnzwirn has more than 150 years of textile machinery engineering experience. […]