Oerlikon Neumag completed the acquisition of the BCF and IDY Systems of Truetzschler Group.

Oerlikon Neumag, a supplier with expertise in BCF systems, completed the acquisition of the BCF and IDY Systems of Truetzschler Group, a provider of machinery and systems for the production of carpet yarns. Financial terms were not disclosed. "Our range of customer services and spare parts for existing BCF and IDY systems from Truetzschler fits perfectly into our existing Oerlikon Polymer Processing Solutions business model," Georg Stausberg, Oerlikon CEO.