KARL MAYER completed the acquisition of STOLL Group.

KARL MAYER, a textile machinery building company, completed the acquisition of STOLL Group, a provider of flat-knitting machine technology. Financial terms were not disclosed. “The acquisition is an important step in our growth strategy and we are proud to welcome STOLL into our Group. STOLL is an internationally recognised brand in the textile industry and has comprehensive technological expertise and an experienced team in the knitting sector,” Arno Gärtner, KARL MAYER Group CEO.