Vandewiele, a leading supplier of carpet and velvet weaving machines and textile accessories, has announced 100 per cent acquisition of the Savio Group. Savio is world leader in the yarn finishing sector, operating in the design, manufacturing and distribution of winding machines, quality control devices and electronic boards for the textile industry.

“We are extremely proud to welcome the Savio Group with its strong tradition and technology in our group. The joining of our technological capabilities, R&D and industrial operations will allow us to grow strongly in the next few years and we are convinced that the Savio Group will be a valued member of Vandewiele,” Charles Beauduin, CEO of Vandewiele, said.