High-performance knitters unite
19/01/2026
The new entity combines SPW’s expertise in circular knitting with MITI’s in warp knitting across four manufacturing sites located in Italy, Spain and Hungary. It maintains all current employees which number in the 300 and combined revenues are expected to be around €50 million, 70% of which is exported on average.
Both founding families are involved in the industrial project, said Alantra Private Equity. This industrial project constitutes a second step in building a textile manufacturing hub that it intends to expand “through selective acquisitions and strategic partnerships across Europe”.
Photo shows MITI headquarters in Urgnano
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