ROME, July 28 (Xinhua Silk Road) -- Jack Technology Co., Ltd., one of China's leading manufacturers of sewing equipment, has recently completed the acquisition of 100 percent of the equity of Italian leather processing equipment maker Comelz S.p.A. through its wholly owned subsidiary bullmer, the company announced.
In recent years, Jack Technology in east China's Zhejiang Province has achieved leap-forward growth from a traditional manufacturing company to a global intelligent manufacturing giant, and has ranked first in the global sales volume of industrial sewing machines for 14 consecutive years.
Founded in 1943, Comelz specializes in the cutting and processing of leather products for footwear, bags and automotive interiors and is known for its AI-powered leather defect detection and high-efficiency nesting technologies. It has long supported manufacturers serving leading European luxury brands and holds a leading position in Europe's luxury leather goods equipment market.
Jack Technology said the acquisition is expected to accelerate the adoption of Comelz's products and technologies in China and other Asian markets, where manufacturers are seeking greater efficiency and lower production costs amid intensifying competition.
The company also said that, with its strengths in integrated hardware and software, AI, robotics and holistic solutions, Comelz's product and technology portfolio will be further advanced, delivering greater value to Comelz's existing global customer base.
Supported by Jack Technology's robust manufacturing and supply chain capabilities, Comelz is expected to further optimize product costs, lowering operational costs for end customers.
Looking ahead, Jack Technology said it plans to integrate Comelz's technologies, bullmer's cutting solutions and its own digital manufacturing and global service capabilities to build an intelligent manufacturing ecosystem for flexible materials, aiming to promote industrial digitalization, intelligent manufacturing and automation while creating greater value for customers worldwide.
(Contributed by Gao Jingyan, edited by Tian Shenyoujia with Xinhua Silk Road, tianshenyoga0524@163.com)
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