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Company Performance

Vandewiele nv, Savio India Finalise Merger Process

Vandewiele nv and Savio India have announced finalisation of the merging process, creating a global network for their customers. The two companies will operate under the new name of VANDEWIELE-SAVIO INDIA PRIVATE LIMITED. “We are convinced that these joined forces provide a comprehensive network of integrated services that will better serve our customer’s needs for the Indian market”. This strategic alliance is set to immensely benefit the Indian textile industry, as the expertise from these two leading groups, offering complete weaving, winding, twisting solutions to the Indian customers, will give them a sustainable competitive advantage in their business. The merger of the Group activities has resulted in a wide range of synergies in the service, care solutions and developments, with benefits for the customers. VANDEWIELE-SAVIO INDIA is ready to provide the region with high class textile machines with cost effectiveness and the best support.

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