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Datatex, an Italian IT solutions provider for textiles, merged with German automation platform SETEX in September 2023 to form Textile Solutions Group GmbH, backed by investor Elvaston Capital.
Datatex and Setex, with investor Elvaston Capital Management, established Textile Solution Group GmbH, a holding company for IT solutions in the textile industry, aiming to become the global benchmark for digital solutions from fiber to garment.