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A good source asked me this morning if I heard anything about Melco being bought by BERNINA. If so that would be great because I own BERNINA sewing systems and write for the USA company.
Can anyone confirm this?
Cheers, Ed "Kanga" Roux
Posts: 108 | From: San Diego | Registered: May 2009
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Melco has been bought/sold a few times over the past couple years. Here is a fairly new news article http://www.fibre2fashion.com/news/textile-news/newsdetails.aspx?news_id=112902
Posts: 758 | From: Hot and Humid Florida | Registered: May 2006
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The only similarities so far that I can see from this article is BERNINA is a Swiss company and BERNINA USA is in Aurora, IL. But that doesn't mean anything.
If it is true, BERNINA may put some new money into Melco. Over ten years ago, BERNINA used to sell the Happy embroidery machine under their lineup of products. Guess time will tell if this is rumor or fact.
Thanks!
Ed
Posts: 108 | From: San Diego | Registered: May 2009
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I checked the article in Steve's post. That seemed to be pretty big slam on Melco. "Primarily for non-industrial customers"? Why would industrial customers not want Amayas? They seem significantly more productive than a multi-head system. Is it just bad marketing or was it really just designed for the small shops? How many shops are out there that are running 30 Amayas or more? Are they problematic? Just curious.
David Sklar Ballyhoo! Arlington, VA
-------------------- David Sklar Ballyhoo! 5701-N General Washington Dr. Alexandria, VA 22312 www.ballyhoostore.com Posts: 166 | From: Alexandria, VA | Registered: May 2006
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If you put either Mizar Holding Company or Bernina of America in the search criteria, it looks like Bernina of America changed it name or is now owned by Mizar Holding Company.
Hmm.....
Posts: 108 | From: San Diego | Registered: May 2009
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Ok...here is what I was given. My sales guy is awesome. He took his time to get all the information for me.
On June 30, 2012, Mizar Holding Company Inc.'s subsidiary, Melco International LLC acquired certain assets of Melco Industries Inc.
Mizar Holding Company is a group of companies in the United States focused on the Textile Industry.
Although the ownership will change, the business will remain the same, and we will continue to serve you as Melco. Mizar Holding Company has committed to maintain current operations while applying synergies and investing in new technology and market spaces.
Everybody here is pleased with events and sees this as a huge “positive”. Melco remains Melco but we are excited about the future - for both the company and our customers.
I hope this helps everyone....
Laura Julie Bug Embroidery & Designs
Posts: 11 | From: Rockwall, TX | Registered: Feb 2012
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