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Shima Seiki YarnBank

18th August 2020, Obertshausen, Germany

Name extension for Karl Mayer companies following merger with Stoll

© Karl Mayer Stoll Textilmaschinenfabrik GmbH.

© Karl Mayer Stoll Textilmaschinenfabrik GmbH.

Leading textile machinery manufacturer, Karl Mayer acquired flat knitting machine builder Stoll on 26 February 2020, with the merger of the two global market leaders being officially completed on 1 July 2020.

“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,“ Karl Mayer said in a short news communication today.

“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.”

“Starting from 12 August 2020, Karl Mayer Textilmaschinenfabrik GmbH will be operating under the name of Karl Mayer Stoll Textilmaschinenfabrik GmbH, and Karl Mayer R&D GmbH will be trading as Karl Mayer Stoll R&D GmbH.

Karl Mayer is an innovative market leader as well as driving force in textile machinery building. The manufacturer offers solutions for the fields of warp knitting and flat knitting, technical textiles, warp preparation for weaving and digitalisation.

Family brand Stoll represents the Karl Mayer Group‘s expertise in the field of flat knitting technology. Since its foundation in 1873, Stoll has always been a reliable manufacturer of efficient flat knitting machines. Equipped with intelligent software solutions for patterning and production planning, such as knitelligence, today’s models open up new possibilities of digitalisation for the company’s customers. In addition, Stoll has made a name for itself as a constant and innovative trendsetter for the textile and clothing industry in the fields of fashion and technical textiles.

To ensure the success of its international customers, Karl Mayer says it has always been eager to provide its clients with the best economical and technical products and services and to offer innovations which bring fresh impetus to the textile world.

With more than 3,300 employees worldwide, the international organization produces in its main markets, so that Karl Mayer is always close to its customers and their needs. Today, the company has subsidiaries in the USA, in England, India, Italy, Hong Kong, Japan, China, Bangladesh and Switzerland as well as agencies all over the world.

The German family-run enterprise was set up in 1937 and since then financial independence and economic sustainability have always been important aspects of the company’s corporate strategy. As long-standing and reliable partner with many years of professional experience and high-quality level in all areas, Karl Mayer supports the competitiveness of its customers and business partners.

www.karlmayer.com

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