Habasit acquires full Ownership and Control of Habasit-Iakoka

After 18 years since the joint venture between the Habasit Holding AG and Iakoka Syntrans, we now announce the complete take-over of the Indo-Swiss company Habasit-Iakoka in Coimbatore, India.

With this take-over Habasit strengthens its leading position in the Indian textile market and is now even better placed to protect and grow in this segment through expansion of manufacturing capabilities and upgrading of the organization. With proven high product quality and performance as well as strong technical capabilities, existing and new customers will enjoy greater competitive advantages from its full line of products and services including product development and global service activities.

Our loyal employees and distributors will benefit from significant growth opportunities with Habasit since we will heavily invest in the Indian market and also develop in other industries.