Post by Paul Vervoorn

Press Release Paul Vervoorn officially becomes owner of Schacht Spindle Company – New direction for market leader in spinning, weaving, and carding Boulder (USA) / Lochem (NL), September 2025 – A dream has become reality. With the acquisition of the shares in Schacht Spindle Company Inc., Paul Vervoorn is now the official owner of this iconic American company. Together with his existing companies Louët B.V., Venne B.V., and Schacht Spindle Company Inc., this forms a powerful group aiming to be the global leader in spinning, weaving, and carding products for both the hobby market and education. The acquisition has already received wide attention in various (online) media and newspapers. “This is a historic step,” says Vervoorn. “I can’t wait to officially start working here. Together with our team, we will put Schacht firmly back on the map.” Focus on innovation and education The strategy for the coming years is clear: • New product development – expanding the range with innovative spinning and weaving products. • Educational programs – creating special yarn packages and teaching materials for schools and training institutes (and for private users). • Community platform – launching a new online platform where weavers, spinners, and enthusiasts worldwide can connect, share knowledge, and get inspired. • Worldwide availability – strengthening inventory and distribution to make products quickly and reliably available worldwide. Global ambitions and growth With the integration of Schacht Spindle Company into the group, Vervoorn strengthens his position as a worldwide player. The companies together employ about 80 people and expect to continue growing in the coming years. “We are building a group of brands that serves both the traditional craftsperson and the modern maker. We want to set the global standard in quality, inspiration, and availability,” Vervoorn concludes. ⸻ About Schacht Spindle Company Inc. Founded in 1969 and based in Boulder, Colorado, Schacht Spindle Company is one of the most renowned manufacturers of spinning and weaving equipment worldwide. The company is known for its innovative products such as the Baby Wolf and Mighty Wolf looms and its legendary drop spindles. About Louët B.V. and Venne B.V. Louët B.V. (NL) and Venne B.V. (NL) have been producing and distributing spinning wheels, looms, and yarns for decades to customers in more than 48 countries, together with Schacht Spindle Company Inc. This forms a unique international group that promotes innovation and education in textile crafts worldwide. Press Contact: Louët B.V. / Venne B.V. / Schacht Spindle Company Inc. Paul Vervoorn – CEO and Owner