Santoni Shanghai completed the acquisition of Terrot.

Synopsis

Santoni Shanghai, a knitting machine manufacturer, completed the acquisition of Terrot, a manufacturer of circular knitting machines in Germany. Financial terms were not disclosed. The acquisition represents a pivotal step in Santoni's strategy to advance the circular knitting machine industry.

Principals

target

Terrot

bidder

Santoni Shanghai Knitting Machinery

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Market Context

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Seller Team (2)

robert czajkowski

Managing Director at TERROT GMBH

Manager

target

Deal

n/a

Total Value

dirk lange

Managing Director at TERROT GMBH

Manager

target

Deal

n/a

Total Value

Bidder Team (1)

gianpietro belotti

CEO at SANTONI SHANGHAI KNITTING MACHINERY

Manager

bidder

Deal

n/a

Total Value

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