The ITEMA Group has taken over all of the capital shares of the Steiger Group.For the ITEMA Group,this takeover represents a further major step towards becoming the world's leading manufacturer of textile machinery.Miro Radici,President and CEO of the ITEMA Group,says,"We will thus strengthen our position as manufacturers of textile fabrics.Flatbed knitting machines ideally complement our weaving machines,and will be a major pillar of our group in the future."
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