With merger, entity now named known as KARL MAYER STOLL
Posted August 20, 2020
OBERTSHAUSEN, Germany – KARL MAYER acquired STOLL in February, and the merger of the two world market leaders was officially completed with the closing on July 1.
Starting from August 12, KARL MAYER Textilmaschinenfabrik GmbH will be operating under the name of KARL MAYER STOLL extilmaschinenfabrik GmbH, and KARL MAYER R&D GmbH will be trading as KARL MAYER STOLL R&D GmbH.
The established STOLL brand broadens the portfolio of the global player KARL MAYER by competencies in the field of flat knitting. It will be continued and further developed as an independent business unit within the corporate group.
After the acquisition of STOLL, the KARL MAYER Group is the only supplier of innovative solutions for warp knitting and flat knitting. The joint growth is now also emphasized by a relevant addition to the name of two of the German KARL MAYER companies.
Source: KARL MAYER