Vienna, Austria — Starlinger & Co. GmbH, the Austrian producer of machinery for making woven plastic sacks, recycling equipment and PET extrusion lines, has acquired the Barmag Spinnzwirm business in Chemnitz, Germany, a manufacturer of spinning systems and equipment for fibers and tapes, from Oerlikon Group.
The deal was announced May 25. Terms were not disclosed.
Barmag Spinnzwirm specializes in turnkey systems to produce tapes and monofilaments for markets such as artificial grass, baler twine, carpet backing and geotextiles. The company also makes high-speed winders and precision winding machines.
Barmag Spinnzwirm equipment runs man-made fibers such as polyester, nylon and polypropylene.
Vienna-based Starlinger already owns a German company, Georg Sahm GmbH & Co. KG, which makes winding equipment for high-performance fibers, carbon fibers and cut film tapes for the converting industry.
Starlinger officials said the deal should close by at the end of the third quarter this year. Starlinger will show the technology at two major shows in 2019—the ITMA textile and garment fair in Barcelona, Spain, and at K 2019 in Düssdeldorf, Germany.
"The acquisition of Barmag Spinnzwirm means that we can extend our portfolio and offer even more individual solutions to producers of technical textiles," said Angelika Huemer, Starlinger's managing partner.