On September 8, Jack Sewing Machine Co., Ltd. held a press conference, announcing the successful acquisition of the Italian shirt intelligent manufacturing expert MAICA, with the company’s independently researched and developed latest clothing intelligent production management system IPMS also released. Attending the press conference were Deputy Municipal Party Chief and Mayor Zhang Bing, He Ye, Vice President of China Light Industry Council and President of China Sewing Machinery Association, and other officials and honored guests.
This is Jack’s second big step after the merger and acquisition of two German world-famous auto cutting bed enterprises – Topcut and Bullmer in 2009. It is the milestone of Jack’ transformation and upgrading from “the manufacturer of smart sewing equipment” to “the provider of whole-set clothing intelligent manufacturing solutions.”
According to the introduction, MAICA was founded in 1977 and it is the only one company which focuses on shirt sewing equipment. MAICA offers world’s leading automate devices for shirt production line and owns more than 100 invention patents. Its devices serve Hugo Boss, UNIQLO, ZARA, HLA and other upmarket garment enterprises.
Commenting on the recent venture, Ruan, the Founder of Jack said, “Today is an age of intelligent manufacturing. But it is still difficult for garment manufacturing enterprises to realise automated, unmanned and intelligent production. It puts forward new requirements for garment manufacturing industry to improve product quality and improve product delivery capacity. Relying on Jack’s own R&D alone cannot solve these problems completely. Thus, in order to solve pre-sewing technical problems, Jack purchased Topcut and Bullmer, and to solve sewing problems, Jack joined hands with MAICA.”
On July 28th, Jack made a wholly-owned acquisition of MAICA for 6.5 mn euros. The acquisition will improve Jack’s R&D capabilities in intelligent sewing equipment. After the acquisition, Jack and MAICA will be in collaboration in production, procurement, marketing channels, services and other aspects. With the help of MAICA, Jack will speed up the expansion of middle & high-end markets. Besides, it will enhance Jack’s brand awareness and bargaining power.
At the same time, Jack will set up a European R&D center based in Italy to form a collaborative R&D platform with Jack Hangzhou Central Research Institute, German R&D center and Xi’an R&D center. The collaborative R&D platform will further improve Jack’s comprehensive competitiveness in the field of whole-set intelligent manufacturing solutions. And MAICA will keep its original advantaged product structure system as much as possible. On the basis of meeting the needs of the European and American markets and original customers, MAICA plans to increase the product development and production intensity for developing countries, and optimise the product structure according to the demand of different markets. Meanwhile, through Jack’s powerful global marketing and service network, MAICA’s products will be promoted rapidly.
“In the next few years, Jack shares will integrate MAICA’s advanced technology with Jack’s R&D achievements in the past five years, such as automatic separation, smart fabric combination, intelligent production management system, so as to make Jack become the founder and pioneer of garment intelligence manufacturing industry 4.0,” said Ruan.