Karl Mayer/Stoll: Merger transaction complete...
Karl Mayer/Stoll

Merger transaction completed

Karl Mayer

The merger between the textile machinery manufacturer Karl Mayer Textilmaschinenfabrik GmbH, Obertshausen/Gerrmany, and the manufacturer of flat knitting machines H. Stoll AG & Co. KG, Reutlingen/Germany, was completed on July 1, 2020.
Karl Mayer is now the leading provider of solutions for the 2 most important stitch-forming processes, flat knitting and warp knitting. The company’s entire expertise in the fields of warp knitting and flat knitting, as well as technical textiles, warp preparation for weaving and digital solutions is now under one roof.
Stoll will continue its activities within the Karl Mayer Group as an autonomous business unit. The brand will be carried on independently. The previous CEO, Andreas Schellhammer, will become President of the Stoll business unit within the Karl Mayer Group.
In the area of machine development, it is possible to use completely new technological principles. One of the most common aims in production is to increase the added value for more know-how protection, flexibility and rapid delivery. Components from in-house production will be used group-wide, if possible, and the manufacture of the Stoll machines in China will be integrated into Karl Mayer’s location in Changzhou. The Chinese customers can rely on the resources and organization of Karl Mayer (China) in the fields of service and spare parts.
In terms of digitalization, the know-how merger raises expectations for innovations with advantages for customers.

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