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Jakob Müller Group (JMG) has acquired MEI International, expanding its narrow fabric weaving solutions. JMG will discontinue its Müjet air-jet weaving machine and fully endorse MEI's advanced air-jet technology. MEI will continue to operate independently in Gallarate, Italy.
“This acquisition is a significant step forward in our JMG 2030 strategy.”bangladeshtextilejournal.com
Summarized from public sources; check the original articles before acting on it.