News

St.Gallen/London - Terra Quantum from St.Gallen is to become a public company through a merger with Axiom, the London-based special purpose acquisition company (SPAC). Terra Quantum is valued at 3.5 billion US dollars and the initial public offering is expected to raise 190 million US dollars. The company will remain headquartered in St.Gallen.

St.Gallen/Bangkok - Bischoff Textil AG welcomed Thai Princess Maha Chakri Sirindhorn. Among other things, Her Highness took an interest in the company’s embroidery collection. Through its joint venture Bischoff Gamma, Bischoff Textil has also had a presence in Thailand for over 30 years.

Wil/Pristina - MKY Treuhandpartner has joined ABSL Kosovo, a non-governmental and non-profit organization that promotes the growth and competitiveness of Kosovo. With MKY Treuhandpartner now on board, ABSL Kosovo gains an industry leader that will additionally bolster its network.

St.Gallen/Cannes - Creations featuring Swiss textile artistry by Jakob Schlaepfer and Forster Willi were on display at this year's Cannes Film Festival. Numerous celebrities, Cate Blanchett among them, appeared in gowns from renowned fashion houses, finished with embroidery and textiles from St.Gallen.