Company News
Groz-Beckert takes over Aachen producer of sewing machine needles Schmetz
2 Jan 2017
Albstadt/Aachen: Effective 2 January 2017 Groz-Beckert takes over the Ferd. Schmetz Group. The Ferd. Schmetz Group is a long-established producer of industrial sewing machine needles and has around 700 employees worldwide. The acquisition includes the production sites in Germany, Switzerland and India as well as the global distribution network.