Texo

What Texo does

Texo AB is a privately held Swedish industrial engineering company founded in 1943 in Gnosjö, Sweden, now headquartered in Älmhult, operating two divisions: Weaving Systems and Intralogistics. The Weaving Systems division is one of the world's leading manufacturers of high-speed rapier and shuttle looms (TCR, FSX, TMR2000/3000/6000, CompFelt, plus the TSB-400 warping machine) used to produce paper machine clothing (PMC), with over 1,130 machines delivered since 1955 and a stated presence on machines producing roughly 50% of global paper output. The Intralogistics division, consolidated in-house after the 2016 divestiture of subsidiary Texo Application AB to Inter IKEA Group, provides automated storage and retrieval systems (Embla, Mimer, Ymer), material handling (Mundil), pallet and rescue shuttles (Sleipner, Hildur), and the proprietary Verdandi Warehouse Execution System (WES) that orchestrates these components and integrates with customer ERP/MES systems.

The product portfolio is augmented by the TEXO Connect IoT monitoring platform (launched June 2023 at ITMA), add-on features such as Texo Eye (camera system), Texo SafeWalk (in-rack safety walkways), and Texo AutoExchange (preventive satellite exchange), plus services delivered through the TEXO Academy training program, TEXO Remote Guidance Software, and TEXO Rebuilding upgrades. Manufacturing occurs in Sweden and China, with regional sales and service subsidiaries in North America (TEXO Inc., established 1984 in Greer, South Carolina) and China (TEXO Pacific Co., Ltd, established 2008 in Shanghai), and the POWTEX joint venture in Luan, China. Distribution combines direct enterprise field sales with dedicated Key Account Managers, channel partnerships with Dexion (Asia-Pacific, 2006) and NEDCON (Europe/North America, 2007), a 24/7 TEXO Webshop for spare parts, and active trade show presence at ITMA, LIGNA, Logistik & Transport, and Febratex Brazil.

Revenue is generated primarily through capital equipment sales of weaving machines and AS/RS intralogistics systems under quote-based, project-pricing contracts, supplemented by recurring revenue streams from spare parts (TEXO Webshop), software subscriptions (Verdandi WES, TEXO Connect), and professional services (remote and on-site support, rebuilding/upgrades, training). Pricing is not publicly disclosed. China is currently the largest single market, though inshoring trends have reportedly driven new orders from North American and European customers. Proprietary technology brands include DISCO dobby, LoCoMo control, TDD direct drive, POZI-GRIP rapier insertion, and TAPICS automatic pirn changing.

Name

Texo

Legal name

TEXO AB

Website

https://texo.se

Company type

Private

Founded year

1943

Operating status

Operating

Headcount range

11–50 employees

Short description

Texo AB is a Swedish industrial engineering company manufacturing high-speed weaving machines for paper machine clothing and AS/RS intralogistics systems with proprietary Verdandi WES software, serving paper, manufacturing, and warehousing enterprises globally.

Ownership category

akta.pro rank

Product category

Industrial Automation Equipment

NAICS

Industrial Machinery Manufacturing (3332), Commercial and Service Industry Machinery Manufacturing (33331), Commercial and Service Industry Machinery Manufacturing (3333)

SIC

General Industrial Machinery & Equipment (3560), General Industrial Machinery & Equipment, Nec (3569)

akta.pro primary industry

Technical Fabric Mills (Performance/Protective/Medical Substrates) (IMAOABAH)

Keywords

• Industrial weaving machines
• Paper machine clothing looms
• Automated storage retrieval
• Warehouse execution systems
• Material handling automation

Headquarters

HQ city

Älmhult

HQ country

Sweden

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Industrial Weaving Machines: Sale of high-speed rapier and shuttle looms (TCR, FSX, TMR2000, TMR3000, TMR6000, CompFelt, TSB-400) for paper machine clothing manufacturing. Machines range from compact to ultra-wide (up to 35.5m weaving width) and are sold as capital equipment with installation and commissioning services.
2. AS/RS and Intralogistics Systems: Sale of automated storage and retrieval systems (Embla, Mimer, Ymer), material handling equipment (Mundil conveyors and transfer carts), and pallet shuttles (Sleipner, Hildur). Systems are customized and integrated for each customer's warehouse environment.
3. Spare Parts and Consumables: 24/7 online ordering through TEXO Webshop for spare parts, consumables, and replacement components. Orders handled within 24 hours Monday-Friday with direct shipping to customers.
4. Service, Support and Maintenance: Remote guidance and remote support services, on-site service engineers, rebuilding and upgrade services, and TEXO Academy training programs. Service managers cover Europe, Asia-Pacific, and Americas regions.
5. Verdandi WES Software: Warehouse Execution System software platform that orchestrates all automation components. Sold as part of system integration projects and potentially as standalone software license for existing installations.
6. TEXO Connect IoT Platform: Real-time monitoring and analytics platform for weaving machines and intralogistics systems. Provides predictive maintenance, efficiency tracking, and remote diagnostics as a connected service.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels7 records

Core offering

Texo manufactures and sells high-speed industrial weaving machines (rapier and shuttle looms) for producing paper machine clothing (PMC) fabrics, and designs automated intralogistics systems including AS/RS units, pallet shuttles, material handling conveyors, and the proprietary Verdandi Warehouse Execution System (WES) software that orchestrates warehouse automation. The company supports both product lines with spare parts, rebuilding services, remote support, and training through TEXO Academy.

Product overview

Texo operates two distinct business divisions: Weaving Systems and Intralogistics. The Weaving Systems division (founded 1943) is one of the world's leading manufacturers of weaving machines for paper machine clothing production, having supplied over 1,130 machines globally. The Intralogistics division offers a modular AS/RS product suite comprising Embla (compact, scalable storage), Mimer (high-density storage), and Ymer (high-throughput multilevel), all unified by Verdandi WES warehouse execution system for real-time control and ERP/MES integration. Supporting products include Mundil (material handling with transfer carts and conveyors), Sleipner (pallet shuttle), Hildur (rescue shuttle), and add-on features like Texo Eye (camera system), SafeWalk (safety walkways), and AutoExchange (satellite replacement). The weaving division includes TCR, FSX, TMR series looms, CompFelt shuttle loom, and TSB-400 warping machine. Both divisions are supported by TEXO Connect monitoring platform, Customer Portal, Webshop, Remote Guidance Software, and Academy training services.

Differentiator

Problem solved

Functional benefit

Brands

• Embla: Modular, scalable ASRS designed for compact storage and easy expansion. Supports single-level and multi-deep configurations for growing operations.
• Mimer
• Ymer
• Mundil
• Verdandi
• Sleipner
• Hildur
• TEXO Connect
• Texo Eye
• Texo AutoExchange

Products and services

• TCR High-speed rapier loom developed specifically for the production of forming fabric, with TEXO DISCO dobby and TEXO TDD direct drive. Max weaving width 15.5m, 100 picks/minute. Sold as capital equipment to paper machine clothing manufacturers.
• FSX High-speed rapier loom for forming fabric and press felt base fabrics, featuring TEXO Direct Drive (TDD) and TEXO DISCO dobby. Max weaving width 18m, 100 picks/minute. Sold as capital equipment to paper machine clothing manufacturers.
• TMR3000 High-speed rapier loom for forming fabrics with TEXO DISCO dobby and Bosch-Rexroth AC servo, 32 harness frames. Max weaving width 15.5m, 100 picks/minute for 14m weaving width. Sold to paper machine clothing manufacturers.
• TMR2000 High-speed heavy-duty rapier loom for forming, dryer, and industrial fabric production with TEXO TCD dobby. Max weaving width 15.5m, 50-55 picks/minute for 12.5m weaving width. Sold to paper machine clothing manufacturers.
• TMR6000 High-speed ultra heavy-duty rapier loom for forming, dryer, and industrial fabric production with TEXO DISCO dobby and Bosch-Rexroth AC servo. Max weaving width 15.5m, 70-75 picks/minute. Sold to paper machine clothing manufacturers.
• CompFelt High-speed shuttle loom for press felt base fabrics featuring TEXO MonoCam dobby, TRIBUTE take up system, and automatic pirn changing system. Max weaving width 35.5m. Sold to paper machine clothing manufacturers.
• TSB-400 Advanced warping tool developed by TEXO for forming, press-felt, and dryer fabrics, designed for tension, diameter, and warp profile repeatability. Max bobbin flange 1000mm, tension range 10-300 kp. Sold to paper machine clothing manufacturers.
• Embla Modular, space-efficient AS/RS designed for flexible storage and easy expansion, supporting single-level and multideep configurations. Accommodates goods of any length and varying widths and integrates with MES/ERP via Verdandi WES. Sold to industrial warehouse operators.
• Mimer Fully automated, high-density AS/RS that maximizes space and efficiency, designed for both new builds and retrofits with FIFO reshuffling capabilities and integration with MES/ERP via Verdandi WES. Sold to industrial warehouse operators.
• Ymer Dynamic, multilevel AS/RS for fast-paced, high-throughput environments with real-time tracking, smart routing, and deep-lane storage supporting FIFO operations through automatic reshuffling and goods-to-person retrieval. Sold to industrial warehouse operators.
• Verdandi Warehouse Execution System Warehouse Execution System (WES) software that seamlessly connects AS/RS, conveyors, machines, and ERP/MES systems. Orchestrates intralogistics in real-time, dynamically prioritizing and executing tasks, with full traceability of inventory and movements. Sold with system integration projects and as a software platform for existing installations.
• Mundil Smart intralogistics solution for seamless material handling between machines, buffers, and storage. Coordinates movement using intelligent transfer carts, conveyors, and buffers with real-time control integrated via Verdandi WES. Sold to industrial warehouse and manufacturing operators.
• Sleipner Pallet shuttle designed for high-density storage with the industry's lowest build height. Operates in FIFO or LIFO mode, handles pallets via remote control, and works in ambient, chilled, or freezer environments. Sold to industrial warehouse operators.
• Hildur Rescue shuttle that safely retrieves faulty or blocked pallets in deep-lane automated storage systems without halting operations, maintaining system uptime. Sold to industrial warehouse operators.
• TEXO Connect IoT monitoring platform providing 24/7 real-time control over production, including productivity, uptime, efficiency, and preventive maintenance notifications for operators, engineers, and managers. Accessible via handheld devices. Sold to weaving and intralogistics customers.
• TEXO Remote Guidance Software Remote support software enabling TEXO service engineers to connect to customers via video, view camera feeds, and annotate on screen to guide troubleshooting. Sold to TEXO equipment customers.
• TEXO Academy Training service for customers to learn how to operate TEXO weaving machines and intralogistics equipment effectively, including personnel training delivered when purchasing TEXO systems. Sold to TEXO equipment customers.
• TEXO Rebuilding Mechanical and electrical rebuilding services to increase production efficiency, including loom control system upgrades, dobby upgrades, and speed enhancement options. Sold to existing TEXO equipment customers.

Quantifiable outcome

• Reduces forklift traffic and eliminates need for forklifts in automated warehouses (Ymer, Mimer, Embla)
• +4 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature16 records

Partnerships

Four partnerships are on record, tiered core and regional.

• SpaljistencoreStrategic or Co-development Partner · 1 January 2019Long and successful collaboration on automated logistics solutions. Multi-year project for Spaljisten's factory in Åseda including: Stage 1 (2019, SEK 3 million) - initial automation; Stage 2 (2020, SEK 14 million) - expanded automation; Stage 3 (2021) - system expansion. Project automates freight department flows, improves operator safety and ergonomics, and enables future inventory system expansion.
• POWTEXregionalStrategic or Co-development Partner · 1 January 2010Joint venture established in 2010 in Luan, China as a joint venture to develop and produce looms for the domestic Chinese market. Combines Texo's technology with local manufacturing capability.
• NEDCONregionalChannel Partner/ Reseller/ Distributor · 1 January 2007Partnership established in 2007 for European and North American regions. NEDCON serves as distribution partner for Texo's pallet shuttle systems.
• DexionregionalChannel Partner/ Reseller/ Distributor · 1 January 2006Partnership established in 2006 for the Asian-Pacific region. Dexion serves as distribution partner for Texo's intralogistics and warehouse automation products in Asia-Pacific markets.

Scale indicators7 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Kardex: Kardex provides AS/RS, vertical lift modules, and material handling solutions for industrial and commercial customers globally. It directly competes with Texo's compact storage (Embla) and high-density AS/RS product lines.
• Knapp: Knapp is a leading provider of intralogistics and warehouse automation, with strong positions in shuttle-based AS/RS, goods-to-person picking, and distribution center software. It directly competes with Texo's Mimer/Ymer shuttle-based systems and Verdandi WES orchestration.
• Picanol: Picanol (now part of Toyota Industries) is one of the world's largest manufacturers of weaving machines, including rapier and air-jet looms for technical textiles and PMC. It directly competes with Texo's Weaving Systems division across industrial fabric applications.
• AutoStore: AutoStore pioneered cube-based AS/RS systems and is a leading provider of high-density automated storage for retail, logistics, and industrial customers. It overlaps directly with Texo's Ymer and Mimer high-density AS/RS products.
• Lindauer Dornier: Lindauer Dornier manufactures rapier and air-jet weaving machines for technical textiles, including tire cord, filter fabrics, and similar industrial applications. It competes with Texo in high-performance technical fabric weaving.
• Swisslog: Swisslog (KUKA) provides AS/RS, automated warehousing, and software solutions for healthcare, retail, and industrial customers. It is a direct competitor to Texo Intralogistics across warehouse automation deployments.
• Itema: Itema is a major global manufacturer of weaving machines (rapier, air-jet, projectile) including for technical textiles, denim, and industrial fabrics. It directly overlaps with Texo's PMC and industrial fabric weaving product lines.
• SSI Schaefer: SSI Schaefer is a major intralogistics specialist offering AS/RS, conveyor technology, and WMS/WES software for warehouses and distribution centers. It competes with Texo across the full warehouse automation stack.
• TGW Logistics Group: TGW Logistics is an integrated warehouse automation provider offering AS/RS, conveyor systems, and software for retail, fashion, and industrial customers. It overlaps with Texo's full intralogistics portfolio including WES-level orchestration.
• Dematic: Dematic (KION Group) is a global leader in intralogistics, offering AS/RS, conveyor systems, and warehouse execution software for distribution centers and manufacturing facilities. It directly competes with Texo's AS/RS and Verdandi WES offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Texo