Ragolle Buys ITM Designs

Waregem, BE -- On September 1, Ragolle NV here has purchased the design archives and intellectual assets of ITM, a jacquard weaver in Kruishoutem, Belgium owned by Bernard Clarysse.The purchase price was not disclosed. It will place Ragolle in the contract market for the first time. The company ITM was a part of the group Clarysse as was ETROTEX, another Belgian mill that...