RED DOT NEWS Summertime

Edition no. 2 of 2017


Red Dot News brings to you on a quarterly basis our news about the Company, Technology, Customer success stories and much more. Stay tuned, happy reading and drop us a line at sayittoitema@itemagroup.com to tell us what you think.

MESSAGE OF THE CEO

I am delighted to inform you that Itema Group has acquired 61% of shares in Lamiflex, leading supplier of technical composite products, and a minority stake in NoeCha, provider of high-tech, wide-format printing solutions. The acquisitions are part of a wider strategy of Itema and our Shareholders, namely the Radici family with 60% of shares and the Arizzi e Torri families with the remaining 40%, to ultimately accelerate the continued expansion and secure the long-term profitability of Itema by diversifying into complementary, high-growth markets through stakes in innovation-driven companies which offer significant economies of scale to fuel the joint development of each others’ core businesses.

TECHNOLOGY CORNER

 

ITEMA R9500: THE MOST POSITIVE NEGATIVE RAPIER MACHINE IN THE HISTORY OF WEAVING – COUPLING SUPERIOR PERFORMANCES WITH UNPARALLELED VERSATILITY

Ever since the introduction of the first rapier automatic shuttleless weaving machine by Somet exactly 50 years ago, the rapier weft transfer has been widely associated with versatility – an undeniable advantage over other weft insertion systems when it comes to weaving a multitude of patterns and yarns.