# Saurer wins EUR 153M spinning equipment order from DIW

Saurer signed an agreement with Shanghai Digital Intelligence World Industrial Technology Group (DIW) to supply spinning equipment worth over RMB 1.2 billion (EUR 153 million) for DIW's upcoming textile production facilities.

- Type: Contract
- Announced: 2024-03-09
- Where: China
- Value: $167.0M (153.0M EUR)
- Status: announced
- Products: blow room, carding, roving, ring spinning machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Saurer](https://endata.com/companies/76155.md) (supplier)
- [Shanghai Digital Intelligence World Industrial Technology Group](https://endata.com/companies/76156.md) (customer)

## Sources

- [news.textileexcellence.com](https://news.textileexcellence.com/saurer-bags-spinning-equipment-order-worth-euro-153-million-from-diw), 2024-03-09: "DIW will procure Saurer's spinning equipment for their upcoming projects."

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