Groz-Beckert Acquires Carding Activities of Belgian Bekaert Group

Albstadt, DE, May 13, 2015—Groz-Beckert has acquired the worldwide carding activities of the Belgian Bekaert Group.

The takeover includes some 350 employees and production sites in Belgium, India, China and the U.S., as well as the global sales and service network.

The acquisition is an opportunity for Groz-Beckert to enter the market of the spinning industry.