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Steakholder Foods: Twine Solutions Expands Collaboration With Henderson Sewing Machine Co. to Bring Sustainable, On-Demand Thread and Yarn Dyeing to the U.S. Market
Globenewswire· 2025-11-10 13:00
Twine and Henderson Are Innovating American Textile Manufacturing with Localized, Eco-Friendly, Same-Day Thread and Yarn Dyeing Production Rehovot, Israel, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Steakholder Foods Ltd. (Nasdaq: STKH), a leading innovator in alternative proteins and 3D printing technologies, announced today that its wholly-owned subsidiary, Twine Solutions, the Israeli pioneer of digital, waterless, on-demand thread and yarn dyeing technology, is strengthening its long-standing collaboration with ...
Steakholder Foods Announces Acquisition of Twine Solutions
Globenewswire· 2025-11-04 13:00
Core Insights - Steakholder Foods Ltd. has acquired Twine Solutions Ltd., enhancing its digital printing capabilities in the foodtech industry and positioning itself as a leader in smart manufacturing and supply chain optimization [1][2][3] - The acquisition allows Twine's shareholders to retain a minority stake of approximately 20% in Steakholder Foods, reflecting a strategic partnership aimed at innovation and growth [1][5] Company Overview - Steakholder Foods specializes in 3D printing technologies for alternative proteins, aiming to transform the food industry with advanced production methods [6][7] - Twine Solutions is known for its proprietary waterless dyeing technology, which is revolutionizing the $120 billion textile thread and yarn industry by enabling on-demand dyeing solutions [4][8] Strategic Goals - The acquisition is intended to create a global digital technology powerhouse that can innovate across multiple industries, including food and textiles [2][3] - Both companies aim to explore commercial applications that emphasize speed, personalization, sustainability, and scalability [3] Technological Advancements - Twine has developed the world's first digital thread and yarn dyeing system that utilizes a waterless process, supported by 10 granted and pending patents [3] - The combined technological capabilities of Steakholder and Twine are expected to enhance operational efficiency and environmental sustainability in textile production [4][8] Market Positioning - The acquisition positions Steakholder Foods to expand its market reach beyond foodtech into adjacent industries with significant growth potential [5] - Twine's partnerships with major brands like Zara and COATS Group highlight its influence and strategic importance in the textile sector [4]