An Acquisition from Benninger to Increase its Market Share

The global textile finishing and tire cord machinery manufacturer, Benninger acquired LAB-PRO GmbH.

  19 February 2020 09:37 Wednesday
An Acquisition from Benninger to Increase its Market Share

Benninger having developed a special expertise in the field of knitted and technical textiles with minimum resource consumption has acquired LAB-PRO GmbH, founded in 2003 by Thomas Widmer and Thomas Gerhard, to expand its market portfolio.

With their excellent market and product knowledge, the entrepreneurs have succeeded in building up a complete range of world-leading technological products for discontinuous wet finishing over the past 17 years. LAB-PRO’s jet dyeing machines and jiggers are known for having the lowest water and energy consumption and lowest fabric elongation compared to competitors' machines.

The Target is to Be the Leading System Supplier

By combining the know-how and experience of both companies, Benninger aims to become the leading system supplier in the field of continuous and now also discontinuous dyeing and finishing technology. The integration of LAB-PRO's experience in discontinuous dyeing technology leads to a further strengthening of Benninger's cpability as a total solution provider.

Benninger strengthens its strategy as a partner for all customers in the premium segment of the wet finishing industry. By pursuing Benninger's worldwide sales, service and production network, LAB-PRO will be able to increase its' dominance in the market.

The founders, Mr. Widmer and Mr. Gerhard will continue to lead the company LAB-PRO as managing directors.

About Benninger:

Benninger AG is a sister company of Jakob Müller AG in Frick. JMF and its subsidiaries are exclusively active in the field of narrow fabrics machines with production sites in Switzerland, Germany, Czech Republic, Italy, India and China and sales companies in all major textiles markets.


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