# Itema completes acquisition of Lamiflex

Itema, a provider of weaving solutions, completed the acquisition of Lamiflex, an Italian producer of composite material components, becoming its sole shareholder.

- Type: Acquisition
- Announced: 2021-12-22
- Where: Ponte Nossa, Bergamo, Italy
- Status: completed
- Products: composite material components, rapier weaving machine components
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Lamiflex Group](https://endata.com/companies/13509.md) (target)
- [ITEMA](https://endata.com/companies/17117.md) (acquirer)

## Sources

- [textalks.com](https://textalks.com/itema-completes-the-acquisition-of-lamiflex/), 2021-12-22: "The Lamiflex technologies in the world of composites are combined with Itema’s many years of know-how in the textile machinery sector and open the way to countless further opportunities for growth."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.